greenwashing
Shein, hit with big fines, boosts internal controls
The online fast-fashion retailer has grown to become the world’s biggest fast fashion retailer by sales
We need to stop making reusable ‘eco-friendly’ bags
[SINGAPORE] Single-use plastic bags, once ubiquitous in grocery and department stores, have become a public enemy in the fight against the climate crisis – and rightly so.
Italian regulator hits Shein with 1-million euro greenwashing fine
This is Shein’s second financial sanction by a European competition authority in little more than a month, after France fined the company 40 million euros on Jul 3
HSBC shelves plans for trading, financing carbon credits
HSBC Holdings has abandoned plans to build a carbon credits desk, according to people familiar with the matter, as Europe’s biggest bank cools to a market rocked by repeated allegations of greenwashin...
Corporate directors in South-east Asia to get more guidance on climate governance
A guide launched by environmental law non-profit ClientEarth includes information on how companies can embed sustainability across board-level committees, among other initiatives
Can B Corps save the world?
THE “shareholder primacy” doctrine that promoted profit maximisation as the purpose of business is fading. The increasing wealth gap, widening social inequality and environmental degradation are a ble...
Friend or foe? The problem with AI and greenwashing
Artificial intelligence is a double-edged sword which can enhance transparency and also perpetuate false claims on sustainability efforts
Italy opens greenwashing probe into Shein website
ITALY’S antitrust agency has launched an investigation into a Dublin-based company that manages the Italian website of online clothing retailer Shein over possible misleading environmental claims on t...
Trillions of dollars of fossil fuel finance routed via tax havens: study
TRILLIONS of US dollars of bank finance to fossil fuel companies is being routed via opaque financial centres in several countries, including the Netherlands, research published on Wednesday (Sep 11) ...
UK watchdog gives funds anti-greenwashing rule extension
BRITAIN’S financial watchdog said on Monday (Sep 9) it had granted an extension for ‘naming and marketing’ rules aimed at tackling ‘greenwashing’, giving firms until April 2025 to comply.