Half of EU consumers fooled by ‘sustainable’ financial labels
More than half of everyday investors in the European Union are being misled by financial products labelled as “sustainable”, new data show.
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Popular articles tagged "greenwashing"
French court convicts TotalEnergies over misleading climate claims
A French court ruled oil and gas giant TotalEnergies had engaged in "misleading commercial practices" by overstating its climate pledges, in what activists said…
Nothing simple or cheap about the ‘friction, energy and violence’ of wind power
The answer lies in the word: mill, from the Latin word, molinun, grind. Its essence is friction, energy and violence, as in the word maelstrom.
Italy fines fast-fashion giant Shein for ‘green’ claims
Italy's competition watchdog (AGCM) said August 4 it has fined the company responsible for Shein's websites in Europe €1 million for false and confusing claims…
Idiot Tax? Chinese companies use Germany’s ‘green’ rules in suspected €1bn scam
Chinese companies are believed to have scammed the German taxpayer out of around €1 billion using the country's own 'green' rules, a major economic research centre…
Major airlines under investigation for ‘greenwashing’
The probe aims to determine the veracity of claims made by airlines regarding their efforts to reduce aircraft CO2 emissions through measures such as carbon offsetting…
A $1.5 trillion ‘ESG’ debt market has started bleeding clients
In the world’s second-biggest ESG debt market, corporate clients are starting to walk away.
Dutch pension fund retires Shell stake over oil giant’s ‘green’ laziness
A Dutch pension fund leading climate talks with Shell has divested its holdings in Europe's top oil and gas companies, saying they are not "moving fast enough" to…
S&P Drops ESG scores from debt ratings after investor confusion
S&P Global Inc. will no longer publish ESG scores along with its credit ratings, as the company adjusts its approach in response to investor feedback.
Use only ‘extreme language’ to discuss climate change, German broadcaster says
A state-funded German broadcaster has advocated for only “extreme language” to be used when discussing climate change.
German broadcaster caught interviewing own staff in ‘green’ agenda vox pop
A state-funded German broadcaster has been caught interviewing its own staff as part of an alleged vox pop regarding a “green” agenda story.
Brussels’ eco-friendly pool shut over poor hygiene
An experimental outdoor swimming pool in Brussels is to remain shut as its eco-friendly filtration system is unable to keep the water clean.