Search Results for: Greenwash

47 Largest Carbon-Emitting Companies Fail to Incentivize CEO Pay Based on Climate Performance

Stuart Mitchell

Shareholder representative As You Sow has released “Pay for Climate Performance: Linking CEO Compensation to Emissions Reduction” report finding that, while many companies say they link CEO pay to climate reduction goals, such incentives generally lack meaningful metrics or sufficient compensation to incentivize climate progress. The report grades 47 of the largest carbon-emitting companies in the U.S. on their use of CEO climate-related pay incentives, and the quality of such incentives. The report found a notable lack of measurable incentives across these companies. A whopping 89% of the assessed companies…

GOODFOLIO Partners With Tumelo To Give Its Users A Voice On Corporate ESG Issues

Stuart Mitchell

GOODFOLIO, a simple, transparent and customisable platform for impact-driven investors, has launched a new partnership with Tumelo to give its users a voice on key environmental, social and governance (ESG) issues within companies where their money is being invested in. By incorporating the Tumelo Voting API (application programming interface), GOODFOLIO users are given a voice on the defining issues of our time. Users can express their vote preferences to their fund managers to influence global companies on a range of issues including: gender equality, climate change, inclusion, and human rights.…

Starcom launches Sustainable Media Report outlining key actions brands can take to address sustainability through media planning and buying

Stuart Mitchell

Starcom, part of Publicis Media, today announces the launch of its new microsite – Future Tensions in Sustainable Advertising, which can be accessed here. The report aims to address the marketing tension in the room; that advertising, growth and product sales are at odds with sustainability, leaving marketers with lots of questions around their advertising and how to make their media plans more sustainable. Starcom outlines three challenges that sustainable advertising faces today, which are: Advertising that focuses on sustainability measures faces increased scrutiny from consumers, regulators and activists (e.g.…

New Greenpeace report finds Europe’s biggest airlines failing over climate claims

Stuart Mitchell

The seven biggest European airline groups are failing to take sufficient measures to reduce their CO2 emissions in line with the Paris Agreement, according to a new report commissioned by Greenpeace Central and Eastern Europe. While European airlines would need to reduce at least 2% of flights annually by 2040 to be in line with the 1.5°C climate target, none of the companies analysed has annual reduction goals for its greenhouse gas emissions, has committed to reduce flights, or pledged to fully decarbonise by 2040. The report concludes that there…

ASOS, Boohoo and Asda investigated over fashion ‘green’ claims

Stuart Mitchell

The Competition and Markets Authority (CMA) will be scrutinising eco-friendly and sustainability claims made by ASOS, Boohoo and George at Asda about their fashion products, including clothing, footwear, and accessories. The move comes as part of its ongoing investigation into potential greenwashing and follows concerns around the way the firms’ products are being marketed to customers as eco-friendly. In January this year, the CMA turned its eye to the fashion sector, where an estimated £54 billion is spent by consumers annually, and its initial review identified concerns around potentially misleading…