Tag: Planet Tracker

Textiles industry neglecting E and S of ESG, new research finds

Stuart Mitchell

Textile industry shareholder meetings are too focused on governance, to the exclusion of environmental and social proposals, according to new research by financial think tank Planet Tracker, Under Dressed. Of the 1,198 ESG proposals submitted to the annual shareholder meetings of retailers in the Planet Tracker universe since 2015, 87% were on governance issues whilst social and environmental proposals accounted for just 11% and 2% respectively. The research has found that key industry issues, such as fibre mix are not raised in shareholder meetings. Investigations into the data found no…

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Greenwashing growing increasingly sophisticated, says Planet Tracker

Stuart Mitchell

Corporate greenwashing involves a company enhancing – or fabricating – the environmental impact of its services and products. According to the latest report by financial think tank Planet Tracker, The Greenwashing Hydra, this practice has become increasingly sophisticated, taking many different forms. Greenwashing activities range from seemingly innocuous strategies that market a product inaccurately, to practices that emphasise a singular green activity to intentionally distract from broader damaging environmental policies. In the report, Planet Tracker identifies six types of greenwashing: Greencrowding is built on the belief that you can hide…

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