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Global
April 12, 2024
SBTi rules relaxed set to boost the carbon credits market
The Science Based Targets initiative announced that it will allow the use of carbon credits to reduce emissions from Scope 3. Draft guidelines for the new policy, which will inform a revised Corporate Net Zero Standard, are set to be published July.
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.
April 03, 2024EU sparks greenwashing fears over "100% recycled plastic" claims
EU intends to adopt new rules on recycled plastic bottles, sparking discontent and raising questions from environmental groups and other recycling stakeholders, accusing the EU of indirectly encouraging greenwashing.
March 28, 2024Siemens Energy aims to resume troubled wind turbine sales
Siemens Energy is gearing up for a comeback. Repsol SA and BayWa r.e. have both indicated that Siemens' turbines are set to resume supply, attempting to shake off the crisis of quality problems from last year.
March 28, 2024The world’s largest aircraft expected to change wind power industry
The blades of offshore wind turbines are heavy and long. The American unicorn company Radia is currently developing an unprecedented giant aircraft, which is expected to revolutionize the industry.
March 26, 2024Amazon, Iberdrola sign 159 MW wind power PPA
Amazon announced on 20 a new power purchase agreement (PPA) with Spanish renewable energy company Iberdrola, with the US retail giant procuring 159 MW from the UK-based East Anglia THREE offshore wind farm.
March 25, 2024UK regulator can fine up to 10% of global turnover for greenwashing
In the UK, 40% of large businesses face hefty fines for greenwashing in 2024, as stringent consumer protection regulations implemented by the Competitions and Markets Authority and the EU take effect.
March 22, 2024Hundreds of firms drop SBTi net-zero commitments due to Scope 3 challenges
The Science Based Targets Initiative (SBTi) continues to track the implementation of net-zero commitments among businesses. In its latest update, 239 companies are marked as "Commitment Removed", including major multinational corporations such as Microsof
March 21, 2024U.S. to fund $500 million in green exports to Vietnam
The U.S. has signed a $500 million deal to promote green exports to Vietnam, the source of the country's third-largest trade deficit and a quickly rising manufacturing alternative to China.
March 21, 2024Top 10 greenwashing fine rankings with car, retail giants on the list
With greenwashing penalties expected to rise in frequency and severity in increasing in certain jurisdictions, a German startup focused on plastic reduction, CleanHub, has compiled a ranking of the largest greenwashing fines given out to date.