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News
March 05, 2024
BMW, MG adverts banned over greenwashing concerns
Corporations developing sustainable carbon reduction products also need to avoid getting caught up in greenwashing controversies. German car manufacturer BMW and the UK-based MG Motor (Morris Garages) were called out by UK regulatory authorities for alleg
January 03, 2024
5 trends that will shape green industry in 2024
IEA estimates that global renewable energy generation capacity will exceed 4,500 GW by 2024. Businesses are keen to know sustainable green energy trends. Eco-business has summarized 5 key factors of changing industries and societies.
December 15, 2023
Unilever investigated in UK over greenwashing
Unilever is facing an investigation by the UK regulatory authority, for alleged "greenwashing." The company is accused of exaggerating its “environment-friendly” products through tactics such as the use of green leaf patterns and vague language.
November 24, 2023
CCCS-NUS study finds half of online products claiming 'eco-friendly' without supporting evidence
According to a study released by the Competition and Consumer Commission of Singapore (CCCS) on Nov. 16, about half of online products made vague claims of being "eco-friendly" without providing supporting details.
November 03, 2023
Barclays rebuilds carbon trading desk amid global net-zero push
Retreated from carbon trading for over a decade, Barclays Plc is trying to come back to market and appointed a veteran of Shell Plc, Oliver Morning, to run the operations, according to Bloomberg report.
June 05, 2023
Delta Air faces lawsuit over carbon-neutral claims
A consumer class action lawsuit filed Tuesday alleges Delta Air Lines inaccurately billed itself as the world's “first carbon-neutral airline” while relying on carbon offsets that were largely fraudulent.
June 02, 2023
Zimbabwe introduces stricter carbon credit regulations to combat greenwashing
Zimbabwe’s environment ministry plans to closely regulate voluntary carbon offset trading to curb greenwashing and ensure benefits go toward local communities.
May 29, 2023
Taiwan's EPA takes solid measures against greenwashing
Taiwan’s Environmental Protection Administration (EPA) cautioned local businesses against "greenwashing," which falsely present businesses as environmentally friendly while neglecting negative effects such as greenhouse gas emissions.