Nestlé was accused of greenwashing in 2018 after launching its "eco-friendly" packaging, as it was found that the company was using more plastic packaging than ever before. Similarly, Coca-Cola was accused of greenwashing in 2015 for its "PlantBottle" campaign, which exaggerated its claims with...
There was limited information regarding the success or implementation of initiatives and, therefore, it was not possible to assess the extent to which organizations engage in the described initiatives. While the evidence suggests that corporations are moving away from greenwashing to transparent reporting...
The ruling targets FCA-regulated firms such as asset managers or owners and contains the FCA’s final rules and guidance to improve trust and transparency to the market for sustainable investment products. The measures include an anti-greenwashing rule to reinforce that sustainability-related claims m...
Companies only participating in peripheral efforts and not more deeply embedded ones are sometimes called "greenwashing," attempting to give the appearance of social responsibility without infusing such practices throughout their entire organization. According to D'Arcy's research, firms that do this are...
environmental transparency ranking of mining and metals companies in Russia creates a new mechanism for raising public awareness and dialogue between the public and one of the most closed industries. The ranking initiated calculation of industry‐average quantitative impact indicators that, as the sample...
and social impacts, as well as communicating with stakeholders. (Reid2011). Current studies showed the primary motivation for business organizations to engage in CSR is an ongoing success. Those that have a profit motive in carrying out the activities are considered healthy and legitimate (Zueva an...
there is a disconnect between what companies say (disclose; words) and what they do (perform; actions), and/or companies claim that they are undertaking pro-environmental initiatives—but they really are not. In other words, “greenwashing” falls under the umbrella of (legitimacy and) impressio...
found deep ecology embedded in biodiversity disclosures and mention that the approach requires a long-term commitment. Embracing deep ecology is not to put a financial value on species as this would be refuted by deep-ecologists; rather, companies must evaluate their behavior and engage in a bala...
few of our respondents believed that SRAs’ evaluations made a significant difference to firms’ substantive sustainability performance. Indeed, to the extent that some firms in the sample “gamed” ESG ratings, there is a danger that external evaluations may encourage firms to engage in ethically ...
However, these approaches may fall short in tackling the complex challenges posed by climate change. This tactic of portraying a greener image than is actually practiced, known as ‘greenwashing’ [10,11], could be attributed to various factors, including the political systems, economic contexts,...