5 Ways to Spot Greenwashing
By now, most of us have heard the term Greenwashing. It describes companies trying to appear greener than they are. No one wants to be misled by companies making fake or embellished claims. Here are 5 ways to spot Greenwashing: A company that makes vague claims with no real description. Statements like “eco-friendly” or “we care about […]
No More Greenwashing
Governments around the world are cracking down on false ESG claims made by companies. Behemoth Deutsche Bank had its offices raided in May of this year over fraud allegations related to ESG claims. A study by International Consumer Protection and Enforcement Network (ICEPN) found that 40% of companies’ claims made online about sustainability were overstated […]
Why should companies share their ESG Story?
In a 2019 U.S. Consumer Sustainability Survey[1], more than 1,000 consumers were asked about their buying habits, revealing that more than two-thirds of the respondents consider sustainability when making a purchase and are willing to pay more for sustainable products. More and more people want to know exactly who they are spending their money with […]
ESG Performance and Cannabis
“Cannabis companies have a unique opportunity in a new industry to establish sustainability strategies, procedures and processes from the ground up to better meet growing global ESG demands as the industry matures. Companies will benefit from paying attention to their environmental, social, and governance risks and take steps now to identify them and take proactive […]
The Remarkable Rise Of ESG
“Responsible investing is widely understood as the integration of environmental, social and governance (ESG) factors into investment processes and decision-making. ESG factors cover a wide spectrum of issues that traditionally are not part of financial analysis, yet may have financial relevance. This might include how corporations respond to climate change, how good they are with […]
The Cannabis Industry Should Lead ESG Adoption
“As this industry grows and companies attempt to distinguish themselves, it’s essential that they embrace the principles of ESG – for both survival and growth. Commercial cannabis has a unique opportunity to make a substantial social impact, create good jobs, and be long-standing members of the business world. As Steve DeAngelo likes to say, “Support […]
79% of consumers are changing their purchase preferences based on ESG Impact
Publicly held companies have, in recent years, begun to standardize and improve their communications to investors about ESG. In doing so, they have been rewarded. The widely circulated Larry Fink message for the CEOs of the companies in which he invests spoke volumes, both in what it revealed about the “sustainability premium” that exists with […]