Friday, September 23rd, 2022: This week in the sustainability news cycle...
We offer a belated pat on the back to Patagonia's founder. Yvon Chouinard revealed last week he's handed the multi-billion-dollar company over to a trust, with all future profits to be funnelled into the fight against the climate crisis. Billionaires: they're just like us!
The Australian Competition and Consumer Commission is cracking down on companies who lie to their customers about environmental efforts. To quote Lizzo: it's about damn time!
Speaking of, there's been an update in H&M's greenwashing saga, and Ash has gone down a real data rabbit hole with two very different -- but equally interesting -- indexes.
Get the full rundown:
Billionaire No More: Patagonia Founder Gives Away the Company (via The New York TImes)
Patagonia’s radical business move is great – but governments, not billionaires, should be saving the planet (via The Guardian)
Patagonia’s bold move to donate the entire company to fight climate change only works if it stays competitive in business, CEO says (via CNBC)
Consumer watchdog to crack down on fake green claims by business (via The Sydney Morning Herald)
H&M, Decathlon Dial Back Claims to Dodge Greenwashing Crackdown (via Business of Fashion)
2022 Tissue Scorecard: TP’s Future Lies in Sustainability (via NRDC)
We’re also following…
Why Australian-grown coffee is creating a buzz (plus eight to try) (via Good Food)
Check out The Global Registry of Fossil Fuels
Catch up on our billionaires Deep Dive
Listen to our Terminology Guide episode here
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Hosts and producers: Ash Webb and Kristen Amiet
Producer: Luke Spano
Editing and sound mixing: Alex Smith of Make Noise
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