Post by account_disabled on Feb 27, 2024 10:02:49 GMT
The new rules of the United States Securities and Exchange Commission (SEC), which will make the disclosure of ESG reports mandatory , will provide guidance to incorporate standardized methodologies that lead to greater transparency, to avoid greenwashing and other washings
According to TriplePundit , with this, investors who want to allocate their money into business initiatives that save the planet will have clearer reporting, which will make them look behind the corporate rhetoric and consider how a company fits into the bigger picture.
To better understand how the different deceptive Chinese American Phone Number List strategies used by certain corporations work, we present some examples of the ways in which they can be used.
Bright greenwashing
The ExxonMobil company is one of the most obvious cases of greenwashing , a practice that highlights the ecological aspects of a company to divert attention from other not so respectful elements.
The energy giant is known for being a major funder of the climate denial lobby , although in recent years it has made less effort to provide direct resources to pressure groups.
Additionally, it is among the small number of oil and gas sector stakeholders who have not invested significant resources in proven renewable energy technologies, such as wind or solar.
However, it touts its involvement in the controversial area of carbon capture, highlighting its longstanding research program on algae biofuels, an area that has yet to bear fruit. The above is greenwashing , simple and obvious.
And then there is the "other"
It is relatively easy for investors to avoid organizations like ExxonMobil, although the more difficult task is unraveling the role of CEOs and board members who control stakes in multiple companies.
With his high public profile and constant presence on social networks, Elon Musk is an example of this. To his legion of fans, Musk is a planet-saving force of superhero proportions, primarily through his continued investment and leadership in Tesla Motors.
The corporation recently changed its name to Tesla, Inc. to reflect its activities in the fields of solar energy, energy storage and electric vehicle charging.
This is all well and good for helping to decarbonize the transportation sector, but from a broader perspective, Tesla serves as a convenient platform to support Musk's carefully cultivated image as a visionary and rule-breaking maverick.
Those who follow him are quick to forgive, or simply ignore, a list of bad corporate behavior, including safety oversights in the COVID-19 pandemic and a series of securities fraud allegations, most recently in regarding his activities in cryptocurrency and on Twitter.
In addition, Tesla, Inc. diverts attention from SpaceX, which raises a number of dubious ESG issues due to carbon emissions from rocket fuel and related environmental impacts in an ecologically sensitive area in Texas.
The company's apparent plans to build a power plant on site and obtain a large amount of natural gas, either by drilling its own wells or transporting it by pipeline to the aforementioned state facilities, have also been documented .
Neither of the two options fits the profile of a hero who saves the planet. And in another possibly related matter, they highlight the environmental effects and energy demands of cryptocurrency mining, including the impact of Musk's favorite, Dogecoin.
The biggest deception
Now that the effects of the climate crisis are becoming apparent, car culture itself is coming under fire, perhaps the biggest example of greenwashing and other washings .
Despite all the personal and economic opportunities that the individual car ownership model fosters, it is an exclusionary and disruptive force, whether the vehicle is zero-emission or not.
The prospect of further clogging city streets and other public spaces with electric vehicle charging stations has posed new problems for urban planners.
According to TriplePundit , with this, investors who want to allocate their money into business initiatives that save the planet will have clearer reporting, which will make them look behind the corporate rhetoric and consider how a company fits into the bigger picture.
To better understand how the different deceptive Chinese American Phone Number List strategies used by certain corporations work, we present some examples of the ways in which they can be used.
Bright greenwashing
The ExxonMobil company is one of the most obvious cases of greenwashing , a practice that highlights the ecological aspects of a company to divert attention from other not so respectful elements.
The energy giant is known for being a major funder of the climate denial lobby , although in recent years it has made less effort to provide direct resources to pressure groups.
Additionally, it is among the small number of oil and gas sector stakeholders who have not invested significant resources in proven renewable energy technologies, such as wind or solar.
However, it touts its involvement in the controversial area of carbon capture, highlighting its longstanding research program on algae biofuels, an area that has yet to bear fruit. The above is greenwashing , simple and obvious.
And then there is the "other"
It is relatively easy for investors to avoid organizations like ExxonMobil, although the more difficult task is unraveling the role of CEOs and board members who control stakes in multiple companies.
With his high public profile and constant presence on social networks, Elon Musk is an example of this. To his legion of fans, Musk is a planet-saving force of superhero proportions, primarily through his continued investment and leadership in Tesla Motors.
The corporation recently changed its name to Tesla, Inc. to reflect its activities in the fields of solar energy, energy storage and electric vehicle charging.
This is all well and good for helping to decarbonize the transportation sector, but from a broader perspective, Tesla serves as a convenient platform to support Musk's carefully cultivated image as a visionary and rule-breaking maverick.
Those who follow him are quick to forgive, or simply ignore, a list of bad corporate behavior, including safety oversights in the COVID-19 pandemic and a series of securities fraud allegations, most recently in regarding his activities in cryptocurrency and on Twitter.
In addition, Tesla, Inc. diverts attention from SpaceX, which raises a number of dubious ESG issues due to carbon emissions from rocket fuel and related environmental impacts in an ecologically sensitive area in Texas.
The company's apparent plans to build a power plant on site and obtain a large amount of natural gas, either by drilling its own wells or transporting it by pipeline to the aforementioned state facilities, have also been documented .
Neither of the two options fits the profile of a hero who saves the planet. And in another possibly related matter, they highlight the environmental effects and energy demands of cryptocurrency mining, including the impact of Musk's favorite, Dogecoin.
The biggest deception
Now that the effects of the climate crisis are becoming apparent, car culture itself is coming under fire, perhaps the biggest example of greenwashing and other washings .
Despite all the personal and economic opportunities that the individual car ownership model fosters, it is an exclusionary and disruptive force, whether the vehicle is zero-emission or not.
The prospect of further clogging city streets and other public spaces with electric vehicle charging stations has posed new problems for urban planners.