ASIC is taking a superannuation company to court for greenwashing. Could this be the end of dodgy eco claims?

  • 📰 abcnews
  • ⏱ Reading Time:
  • 24 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 13%
  • Publisher: 83%

Malaysia News News

Malaysia Malaysia Latest News,Malaysia Malaysia Headlines

Most 'eco-friendly' claims have little evidence to back them up. These experts want more done to clamp down on the dodgy ones and highlight the good ones.

"There's a lot of technical information. There's a lot of jargon. And there's a lot of just green colours but no detail, so it's hard to know [what to trust]," the CEO of the Consumer Policy Research Centre says.– the marketing of products as environmentally sustainable when they're not – was happening in Australia on any given day. And the news wasn't great.

They saw an average of 122 green claims across 17 sectors in a 24-hour period, but they also found that only 31 per cent of those claims had any supporting evidence or verification. A lot of them just weren't any good, Turner says."I think what businesses can lose sight of is that a dodgy claim, it doesn't just affect their business … there's a real risk that consumers as a whole lose trust in green initiatives from industry," she explains.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 5. in MY
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

I would run far from virtue signaling companies Remember, the pendulum swings...

Green super is where you deposit your money when virtue signalling is more important to you than a return on your investment. Fools and their money are soon parted.

When will the large Agriculture and Mining Company's corkscrew claims be honestly investigated?

Great banner

Malaysia Malaysia Latest News, Malaysia Malaysia Headlines