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Editor's Choice

Dear reader,

This week, our non-profit sister organisation EB Impact is excited to launch a new initiative Sustainability Exchange in partnership with tech giant Facebook. 

Youths today will play an increasingly critical role in shaping how organisations adapt to an uncertain world beset with urgent environmental and social problems. This initiative provides a platform to accelerate the understanding of sustainability issues among youths and enable them to apply it in real-world business and policy contexts.

We invite you to join us for our launch event this Friday, 20 November 2pm SGT as we convene leading minds and fresh talents to share their insights on sustainable development. Register here.

Meanwhile, greenwashing has hit the headlines this week, with Norwegian non-profit Skift publishing the Guide Against Greenwashing which points out that more companies are making green claims, often without justification, and consumers are now more sceptical of brand claims. Here's what you should watch out for.

Other newsworthy developments: Customers are demanding more sustainable options, prompting IKEA to launch a new furniture buy-back scheme; palm oil giants struggle to fufil their no-deforestation pledges, and Shell is shedding jobs on its decarbonisation journey towards net zero. Enjoy this week's read.

 

Jessica Cheam

Editor's Choice

Guilty of greenwashing? This guide helps companies avoid making spurious sustainability claims

Guilty of greenwashing? This guide helps companies avoid making spurious sustainability claims

Be wary of companies whose sustainability claims come out of their marketing departments, say the people behind the Guide Against Greenwashing.

From refurbished furniture to loudspeakers, more companies get serious about circular business models

From refurbished furniture to loudspeakers, more companies get serious about circular business models

Customers, including in Asia, are asking for more sustainable options. IKEA’s new furniture buy-back scheme will be available in Japan and South Korea, and is expected to launch in Bangkok next year.

Palm oil industry failing to honour 2020 no-deforestation pledges

Palm oil industry failing to honour 2020 no-deforestation pledges

Commitments to ending forest destruction across palm oil supply chains remain unfulfilled 10 years after they were made, with companies failing to report on how they are monitoring their own and their suppliers’ operations.

Samsung's financial arm makes coal-free declaration

Samsung's financial arm makes coal-free declaration

Although light on detail, the commitment means that Samsung is the first Asian insurance group to stop underwriting new coal power.

Shell Singapore unveils decarbonisation plan—what does it mean for the nation’s energy industry and workforce?

Shell Singapore unveils decarbonisation plan—what does it mean for the nation’s energy industry and workforce?

Shell wants to repurpose its Singapore business, which hosts its largest oil refinery in the world. The multi-year plan will cut its workforce by 500, but move the energy giant closer to net zero emissions.

Boracay resort owner arrested for allegedly violating environmental laws

Boracay resort owner arrested for allegedly violating environmental laws

As part of the Philippine government’s rehabilitation drive in the famed tourist destination, a Filipino proprietor has been charged for allowing his hotels to occupy the seashore, encroach on forest land and block wastewater.

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