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#green hush News

Greenwashing year-ender 2023
Western courtrooms grew busier processing cases of greenwashing. In Asia, regulators and policymakers also started to think seriously about how to police exaggerated sustainability claims.
Singapore Marina Bay Finance Centre Towers
Funders in the region see weak sustainability ratings of prospective assets as an opportunity to overhaul their ESG practices and add market value, rather than a reason to exclude them.
Dutch airline KLM was one of the first companies to get into trouble for using carbon offsets to claim that air travel was "carbon neutral".
A report on how Asia's finance industry can navigate misleading ESG claims presents consumers and regulators with new headaches to remedy as greenwashing evolves and intensifies. But tackling greenwash in Asia cannot be left to regulators alone, experts say.
Korean cosmetics brand inscribed "Hello, I‘m Paper Bottle” on the side of a bottle that had a plastic lining.
EB Studio A company’s ESG data can go beyond mandatory tracking and disclosing purposes – it can guide them in their emissions reduction and transitioning strategies, and help them avoid any consequences that may result from greenwashing.
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#green hush Podcasts

Action against greenwashing in Asia
Japan-based academic Kim Schumacher, who coined the term "competence greenwashing", believes that the pursuit of societal harmony might be standing in the way of Asia calling out greenwashing. He tells the Eco-Business Podcast how exaggerated ESG claims are likely to be tackled in 2023 and beyond.
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