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Is it Sustainability or Greenwashing? - Part I [Free Report] |
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by Theodore Bechlivanis | 11-03-2020 06:58
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Every few weeks, social media networks get swamped with news of big-league corporations taking sustainability initiatives or millionaires donating sizable sums to organizations dedicated to protecting the environment. It can be anyone from fashion giants like Lacoste, who started a limited-supply line and donated the profits to endangered animal preservation funds, to companies like Amazon, who boast green shipping options and entire workforces dedicated to sustainability research. ¡°Boast¡± is a very apt choice of words here, because no matter how drastic those measures might seem, they are a marketing strategy, and the key to every good marketing strategy is great optics. What is greenwashing? The name of this strategy is greenwashing, and much like its sibling marketing strategy, pinkwashing, it¡¯s an attempt to entice a corporation¡¯s consumer base with ambiguous proof that they care for the same causes. According to Investopedia, ¡°greenwashing is the process of providing misleading information about how a company¡¯s products are more environmentally sound¡±. This is a rudimentary form of Corporate Social Responsibility (CSR), and at the same time a way to capitalize on the growing demand for green products and services. And it works! A study by Nielsen reveals that 66% of global consumers were willing to pay more for sustainable products in 2015. With more and more corporations hitching a ride on the growing sustainability trends, it¡¯s almost a given that these numbers have, and will continue to rise. What are some examples of greenwashing? According to entrepreneurship news site FEEDOUGH, there are five basic greenwashing techniques. Those include:
So many brands have been accused of greenwashing that it is next to impossible to keep track on your own. Fortunately, there are multiple resources you can consult before making an informed choice, some of which will be covered later on in this article. Here are some industries that heavily practice greenwashing: 1. Airlines. In a 2008 ad, EasyJet claimed that ¡°an EasyJet plane emitted 22% less CO2 than another plane on the same route.¡± This was swiftly debunked by the Advertising Standards Agency, which accused the airline of misrepresenting the fact that their airplanes can carry more passengers, and as such have a lower ratio of fuel used per person on board. This is a stellar example of misleading claims. What is unfortunate is that the year is 2020, and we¡¯re all still buying it. The circle of greenwashing goes somewhat like this: a corporate giant implements a half-baked sustainability strategy; they pay good money to have it posted all over our social media feeds; and then it¡¯s up to the residents of the web to circulate the news, adorning them with congratulatory clapping emojis and skewed eco-activist jargon in the process. Greenwashing is complicated, and there is often little to no information available. However, there are free resources you can use to make responsible decisions as a consumer. Those, along with some significant counterarguments, will be discussed in the next part of this article, so stay tuned! |
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9 Comments
Enjoyed reading this.
Thank you for this wonderful report
Posted 01-04-2020 08:38
Good read
Posted 30-03-2020 16:23
Thanks for the report
Posted 26-03-2020 18:44
Citations (Part I):
1. Will Kenton, 'Greenwashing', Investopedia, updated Jan. 30, 2020
2. Andrew McCaskill, 'Consumer-Goods?? Brands That Demonstrate Commitment to Sustainability Outperform Those That Don??t', Nielsen, Dec. 10, 2015
3. Fesmina Faizal, 'What Is Greenwashing? – Types & Examples', Feedough, Dec. 30, 2018
4. Colin Marrs, 'EasyJet ad guilty of misleading green claims', Campaign UK, Jul 2, 2008
5. 'Global Assessment Report on Biodiversity and Ecosystem Services', IPBES
Posted 16-03-2020 19:39
Hello Theodore!
I do hope that you are fine and doing great with your works.
Thank you for your report about Is it Sustainability or Greenwashing?
Green Cheers from Nepal :)
Keep writing great reports.
We are eager to read more reports from you.
Regards,
Kushal Naharki
Posted 15-03-2020 22:05
Hi Theodore Bechlivanis, this is Sang Su mentor.
One of duties that corporation has to take is its duty of maintaining clean environment when making its products. However, it is a corporate that tries always to maximize its profits. It deceives consumers in a sneaky way as you stated. But, I personally believe that being honest is the best for the corporation at last.
Thank you for sharing this word. I learned a lot!
Posted 13-03-2020 23:05
Hello Theodore! This is mentor Taehyun.
Thank you for introducing 'greenwashing' to me! I didn't hear about that word. So, it is quite unfamiliar to me. But, after I read the report, I found out what greenwashing is instinctive. In my opinion, companies do greenwash to make more profit. For them, 'Eco' or 'Sustainable lifestyle' is just a marketing utility. Sadly, there are so many companies doing things like greenwashing. To prevent that act, I think we, the customers, have to be aware of those things and judge by ourselves.
Thank you for your report and I'm looking forward to your second report!
Green cheers!
Posted 12-03-2020 02:40
Greetings
I do hope everything is going well..
Thank you so much for sharing your report!!
Eagerly waiting for your more reports...
Green cheers
Regards
Jasmine karki
Posted 11-03-2020 18:23
Hello
I hope you are doing well
Thank you so much for this report
Regards
Susmita
Posted 11-03-2020 17:10