Greenwashing - What is it?
Regenerative
economics remains a rising topic as companies come under spotlight for their
unsustainable practices. Environmental cost should be factored into overall
profit. Businesses will be increasingly penalized as time goes on if practices
remain environmentally unsound. These realizations lead to the topic of Greenwashing.
Forbes.com describes this practice as merging the concepts of, “’green’
(environmentally sound), and ‘whitewashing’ (to gloss over wrongdoing) to
describe the deceptive use of green marketing which promotes a misleading
perception that a company’s policies, practices, products or services are
environmentally friendly”. Who are the culprits? Coca-Cola was recently a
sponsor of the United Nations Climate Change Conference. Sunstainablebrands.com
posted an article in 2013 detailing Coke’s updated sustainable practices
including 52% beverage water replenishment and recyclable packing – but what
kind of impact is this actually having? Coke also owns the water bottling
company Dasani, and has been known to “borrow” water from very needy areas. Two
years later, in 2015, the Desert Sun reported that, “Dasani and
other bottled water companies like Crystal Geyser, Arrowhead, and Aquafina were
tapping aquifers and bottling stream water in some of the most drought-ridden
parts of the state (California). This took place during one of the worst dry
spells in recent California history. Some companies were even taking the water
from national forests”. PR stunts make it hard for the public to really know
what these companies are up to. What can we do about it? The Huffington Post lists tips to beat
Greenwashing: don’t succumb to pretty labels – read the ingredients, don’t buy
something because a celebrity endorses it, and know who owns your favorite
natural brands. As always, do your research! If you hear of a large corporation
implementing newly sustainable practices, this can on the surface seem to be “earth
friendly”, however until you closely examine their true consumption, this
should be taken with a grain of salt. Ask for more information, and “follow the
money”.
Sources:
http://thehustle.co/the-culprit-companies-greenwashing-climate-change
Comments
Post a Comment
Let your knowledge, ideas, and innovation be heard. Tell us what you think and know about this topic.