News
News
August 23, 2024
Tech giants’ RE100 commitments under fire amid unbundled REC controversy
The RE100 goal can be achieved through RECs with unbundled certificates, meaning that tech companies can claim to use renewable energy by purchasing certificates, even if they are not actually using electricity generated by renewable sources.
July 22, 2024Truth behind Amazon's 100% renewable energy claim
Amazon has released the 2023 Sustainability Report, highlighting a significant milestone of achieving 100% renewable energy use, seven years ahead of its 2030 target. However, this achievement has been met with skepticism from within the company.
June 28, 2024How to cut emissions from ‘big sport’?
With the 2024 Euros and Paris Olympics vowing to be greener, the focus shifts to the challenges of cutting emissions from major sporting events.
May 24, 2024U.S. regulator to issue carbon credit guidance to combat greenwashing and market turmoil
To mitigate the turmoil in the carbon credit market caused by the frequent occurrence of greenwashing incidents, the U.S. Commodity Futures Trading Commission (CFTC) is expected to finalize guidelines for carbon credits as early as September. These guidel
May 06, 2024EU targets greenwashing in aviation industry amid growing environmental concerns
The European Union continues its relentless campaign against corporate greenwashing, with its latest move aimed at the major carbon emitter aviation industry.
May 03, 2024EU parliament approves law to ban certain single-use plastic packaging
As part of the EU’s effort to curb the increasing waste from packaging, the European Parliament has approved a law that will ban certain single-use plastic packaging.
April 23, 2024Carbon capture can help reduce Singapore’s emissions, but huge challenges remain
The Singapore government has said that it will boost research and development in carbon capture and storage (CCS). However, to scale up the technology, there are still many obstacles, leading some question whether CCS can be a long-term solution.
April 19, 2024SBTi rule relaxation signals turning point for carbon credit market: TCX
The new statement from the SBTi indicates that carbon credits have now reached a turning point, with demand expected to significantly increase, according to Tian Jian-zhong (田建中), general manager of Taiwan Carbon Solution Exchange (TCX).
April 11, 2024Greenwashing fear is hindering Asia corporates’ sustainability agenda, study finds
According to global consulting firm Kearney, over 70% of executives in the Asia-Pacific region expressed reluctance to publicly disclose carbon reduction plans due to greenwashing anxieties.
April 10, 2024Nike defeats lawsuit accusing it of greenwashing its products
Nike has dodged a potential lawsuit following a judge's dismissal of the case related to greenwashing due to insufficient evidence.