Companies and other entities are buying 'plastic credits' allowing them to offset every ton of plastic they make with an equivalent amount of plastic waste collected and taken out of the environment elsewhere — often in poor nations lacking waste management programs.
The industry scan by US-based non-profit Clean Creatives spotlights more than 100 fossil fuel accounts managed by the region's PR and marketing agencies. WPP, which owns well-known brands like Ogilvy and Hill+Knowlton tops the list with 22 contracts, as it works for the likes of Shell and ExxonMobil.
As businesses come under pressure to meet net-zero targets, they are increasingly investing in forest-protection projects to cancel out their carbon emissions. But what could have been a viable climate-mitigation option has become little more than a licence to pollute, to the detriment of indigenous communities and the planet.
Though carbon-offset schemes are riddled with complexity, there is no question that they pay for something that matters. Far from being a secondary concern, supporting the natural systems that manage the stocks and flows of carbon through the planet’s ecosystems is essential to humans’ survival.
Thinking about your carbon footprint can be mind-boggling. Even if you wanted to do something about it, where do you start? With this mobile app, all the information you need is at your fingertips.
GoTo sustainability head Tanah Sullivan tells the Eco-Business Podcast that regulating net-zero claims would decarbonise Southeast Asia faster. Indonesia's biggest internet firm aims to cut emissions to zero by 2030 — a target critics say is unrealistic.
The climate talks in Glasgow could have a major trickle-down effect on Asia's business community. What should the region's businesses expect from COP26? The Eco-Business Podcast asked energy and sustainability expert Malavika Bambawale.
Solar, wind, carbon capture, nature-based solutions—what are the technologies needed to combat climate change? Eco-Business asked clean energy entrepreneur Hendrik Tiesinga where the smart money is going.