68% of U.S. execs admit their companies are guilty of greenwashing

How can more than 80 percent of CEOs think they are in the top half on sustainability? And admit to greenwashing and not understanding sustainability? In a new survey of 1,491 executives across different industries around the world, CEOs and other C-suite leaders said that sustainability was a priority. But 58% also admitted that their…

The Risks of “Carbon-washing”

New scholarship from Soh Young In, PhD and Kim Schumacher, PhD identifies the risks of “greenwashing” and some proposals to minimize it.

ESGs, sustainable investing are not as green as touted, investor says

Tariq Fancy has some dire warnings about the disconnect between ESG rhetoric and reality in USA Today, concluding, “We’re running out of time and need to accept the truth: To fix our system and curb a growing disaster, we need government to fix the rules.” The financial services industry is duping the American public with…

Villains or visionaries? Hedge funds short companies they say ‘greenwash’ – Reuters

Tens of trillions of global investment dollars are pouring into companies touting robust environmental, social and governance credentials. Now short-sellers spy an opportunity….The fact short-sellers, who look to exploit information gaps, are targeting the ESG sphere underlines the complexities facing investors in accurately gauging companies’ sustainability credentials. Teenage climate activist Greta Thunberg last week spoke…