A package marked “100% recyclable” looks like a clear environmental win. For many businesses, that label has become a shorthand for responsibility, compliance, and progress. Yet recyclability claims often promise more than they deliver. The gap between what is recyclable in theory and what is recycled in practice is wide, and it continues to shape waste outcomes across global supply chains. Interest in terms such as recyclability claims, recyclable packaging, greenwashing, and sustainable packaging refl ...

Australia’s Santos has won a court case that was brought against it five years ago by environmentalists, alleging that the company misled its shareholders about its net-zero intentions. A federal judge in Sydney dismissed the case this week, with details about the motives for her decision to be published next week. The litigation story began in 2021, when a shareholder advocacy dubbed the Australasian Centre for Corporate Responsibility alleged that Santos had made misleading claims about its plans to ...

Santos Limited has secured a legal victory after the Full Federal Court of Australia dismissed a climate-related case challenging aspects of its past disclosures and ordered costs in the company’s favor. The case, brought by the Australasian Centre for Corporate Responsibility (ACCR), targeted statements made in Santos’s 2020 Annual Report, 2021 Climate Change Report, and a 2020 Investor Day presentation. At issue were elements of the company’s 2040 Net Zero Roadmap and related climate commitments, with A ...

(Bloomberg) -- A judge dismissed a long-running legal challenge against Santos Ltd., which had accused the Australian oil and gas producer of misleading investors over its climate strategy.The case brought by the Australasian Centre for Corporate Responsibility, a shareholder advocacy group, was rejected Tuesday by Justice Brigitte Markovic. Markovic will publish details of her decision Feb. 23, she told the Federal Court of Australia hearing in Sydney.Adelaide-based Santos was first sued in 2021 by the gro ...

Core Insights - The restaurant industry is increasingly focusing on zero-waste practices to combat food waste, which amounts to over 1 billion tons globally each year, with restaurants contributing about 30% of that total [6][23] - High-end dining establishments often generate significant food waste due to the culture of excessive trimming, where only the best parts of ingredients are used, leading to a higher degree of waste [12][23] - Innovative chefs and restaurants are finding ways to utilize food scraps creatively, turning them into new dishes and promoting sustainability [7][14][15] Industry Practices - Restaurants like HAGS aim for a zero-waste menu, incorporating ingredients that would otherwise be discarded, such as using tomato pulp in vegan butter and fermenting tempeh scraps into shoyu [2][3] - Companies like Winnow Solutions are helping restaurants track and analyze food waste, leading to significant cost savings, with clients saving an average of $25,000 annually [10][23] - The trend of zero-waste dining is gaining traction globally, with establishments like Silo in London and Vespertine in Los Angeles leading the charge [12][14] Economic Factors - Rising food prices due to inflation and other factors are prompting restaurants to reconsider their waste management practices, as reducing waste can lead to cost savings [23] - The economic rationale for minimizing food waste is strong, as it not only benefits the environment but also improves the bottom line for restaurants [11][23] Challenges and Limitations - Despite the push for sustainability, many restaurants face logistical challenges in tracking and utilizing food scraps effectively, often leading to higher labor costs [20][21] - There is a risk of greenwashing in the industry, where some establishments may promote waste-reduction efforts without substantial action, relying on self-reporting for sustainability ratings [19][21] - Consumer perceptions of waste-minimization efforts can be mixed, as diners may misunderstand the concept and associate it with lower-quality food [21][24]

#SustainableFinanceEU | What’s changed since ESMA issued its GLs on ESG and #sustainability terms in fund names?✅ Increased consistency in #ESG terms✅ Clearer signals & greater protection against greenwashing🟢 https://t.co/bknSKSM0Jq https://t.co/0SmWdd78fU ...

In 2004, the idea of personal carbon footprints was popularized by British Petroleum's rebranding effort beyond petroleum in a move widely acknowledged as an an attempt to shift blame and attention for the climate crisis away from oil and gas companies. Presumably, the theory was that if people spent more time worrying about leaving the AC running too long, they'd be distracted from effectively regulating and penalizing BP's massive contribution to the rising global thermostat. But even as at like a larger ...

Core Insights - The solar industry is experiencing significant growth, driven by decreasing costs and increased demand, particularly in China, the US, India, and Brazil [3][6][10] - Renewables have overtaken coal in power generation for the first time, with solar, wind, and hydropower accounting for 34% of generation compared to coal's 31% [10][11] - The global power industry saw a decline in the number of deals but an increase in total deal value, particularly in North America [26][27] Group 1: Solar Industry Developments - Solar module prices have decreased, with average project costs dropping 81% since 2010 and expected to fall another 21% in the next five years [1] - The solar supply chain is currently oversupplied, with production capabilities nearly double the demand for polysilicon, wafers, cells, and modules [2] - GlobalData projects that global solar capacity will reach nearly 3 terawatts (TW) by the end of 2025 and exceed 8 TW within the next decade [6] Group 2: Renewable Energy Trends - Renewables accounted for nearly half of the cumulative capacity mix this year, with solar PV contributing 64.1% and wind 16.4% [4] - Despite challenges, renewables continue to expand due to entrenched economics and supportive policies, with long-term frameworks like the US Inflation Reduction Act and EU Green Deal fostering project pipelines [11] - Coal remains a significant source of electricity, projected to contribute 85% of South Africa's power mix in 2025, highlighting the uneven pace of the transition [14] Group 3: Market Dynamics and Employment - The global power industry recorded 16% fewer deals in 2025 compared to 2024, but total deal value surged by 15%, with North America leading in both deal count and value [26][27] - Employment in the power sector saw dramatic fluctuations, peaking in Q1 and declining through Q4 due to various pressures, including regulatory changes and weather conditions [33][36] - Job postings related to tariffs increased by 657%, reflecting the impact of US trade policies on the energy market [37]

Core Viewpoint - Som Seif, founder of Purpose Investments, is facing allegations from the Ontario Securities Commission (OSC) regarding false or misleading statements related to environmental, social, and governance (ESG) factors in investment decisions, marking the OSC's first enforcement action against greenwashing [2][5][12] Company Overview - Purpose Investments manages approximately C$26 billion (US$18.6 billion) in assets and has gained attention due to Seif's public persona and marketing strategies [3][8] - The firm has been recognized for launching innovative financial products, including Canada's first physical Bitcoin ETF and high-interest savings ETFs [9] Regulatory Action - The OSC alleges that Purpose made at least 19 misleading statements about its ESG practices between September 2019 and March 2022, claiming that only 35% of its assets considered ESG factors, contrary to its assertion of 75% [11][12] - Potential penalties for Purpose could reach C$5 million for each of five alleged violations, with remedies ranging from procedural changes to a permanent ban on Seif's registration [12][13] Industry Context - The OSC's action reflects a broader push for more stringent enforcement of ESG-related claims, as the regulator aims to enhance its visibility and impact in the industry [4][16] - The case has drawn mixed reactions from industry experts, with some expressing surprise at the OSC's focus on Purpose, especially since the firm voluntarily ceased certain ESG claims in 2023 [5][12] Future Implications - Regardless of the outcome, the OSC's actions signal a commitment to scrutinizing ESG disclosures and holding firms accountable for misleading statements [19][20] - The case may set a precedent for future enforcement actions in Canada, particularly in the realm of ESG marketing and compliance [19]

Som Seif, the entrepreneur bent on disrupting Canada’s financial industry, has found himself at the center of an unprecedented showdown with the country’s top markets watchdog over greenwashing claims https://t.co/PzKPt6V7DS ...