The Business Times

greenwashing

Global Enterprise

Shein, hit with big fines, boosts internal controls

A 2006 study shows that a cotton bag must be reused 327 times to have “lower global warming potential” than a plastic bag that gets reused as a bin liner.
Opinion & Features
THINKING ALOUD

We need to stop making reusable ‘eco-friendly’ bags

The Italian fine was imposed on Infinite Styles Services Limited, a Dublin-based company that operates Shein’s website in Europe.
Global Enterprise

Italian regulator hits Shein with 1-million euro greenwashing fine

HSBC’s carbon-desk plans were relatively short-lived.
Banking & Finance

HSBC shelves plans for trading, financing carbon credits

Hong Leong Asia’s Stephen Ho says that boards must balance sustainability initiatives with business strategies, which means having a clear understanding of the company’s defined corporate purpose to ensure business resilience and long-term success. PHOTO: PIXABAY
ESG

Corporate directors in South-east Asia to get more guidance on climate governance

While B Corps alone may not save the world on a grand scale, they are a critical component of the larger movement towards a more ethical and sustainable economy.
Boardroom MattersCompanies & Markets
BOARDROOM MATTERS

Can B Corps save the world?

A "greenwashing" character chasing activists during a climate demonstration in New York City. There is now greater enforcement over greenwashing claims, with stricter penalties and more detailed reporting requirements becoming the norm.
Opinion & Features

Friend or foe? The problem with AI and greenwashing

Italy’s antitrust authority is investigating Infinite Styles Services, operator of Shein’s websites and apps in Europe, accusing the company of using vague and misleading environmental claims to project sustainability.
Consumer & Healthcare

Italy opens greenwashing probe into Shein website

Major banks have come under increasing pressure from investors and environmental campaigners to step up cuts to fossil fuel financing.
ESG

Trillions of dollars of fossil fuel finance routed via tax havens: study

Britain’s Financial Conduct Authority (FCA) said that firms should take all reasonable steps to ensure compliance with the naming and marketing and disclosure rules, which become effective from Dec 2.
ESG

UK watchdog gives funds anti-greenwashing rule extension

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