This year, ‘greenrinsing’ – shifting climate targets after luring investment – cast a shadow over corporate decarbonisation efforts, while fossil fuel firms leaned on carbon capture technologies to justify ongoing expansion and promoted natural gas as "clean".
The findings barely scratch the surface of the greenwashing problem in the region, said RimbaWatch, the Malaysian NGO behind the database. Southeast Asia needs provisions for penalties and better policing of green claims, it said.
The promotion of oil, coal and gas is poisoning our environment, driving climate change and slowing the clean energy transition.
By
Cristiane Julião and
Jemilah Mahmood
If sustainability really was at the heart of everything businesses did, the planet probably would not be 1.2°C warmer than it should be. It's time for corporates to stop using the same meaningless catchphrase – or risk alienating consumers
By
Robin Hicks
While some companies greenhush, others are upfront about their inability to meet sustainability targets. Eco-Business asked experts at the Ecosperity conference if it pays for businesses to be "vulnerable" about sustainability progress.
Despite a decline in cases of greenwashing, academic Kim Schumacher tells the EB Podcast that the problem isn't going away, it's just taking on a different form as companies roll back sustainability commitments.