People reject climate change because of money, and they believe that stripping a planet of ecosystems and habitats for profit has nothing to do with global warming. These are the very people who we have tasked with the actions. Greenwashing exists.
Genuinely green products back up their claims with facts and details. Investopedia
Greta Thunberg, Vanessa Nakate, Dominika Lasota, and Mitzi Tan are sending this urgent call to world leaders to face up to the climate emergency finally.
These four young women need your support to make world leaders listen and act in the best interest of their future on our planet.
They have clear goals for leaders to reach:
“As citizens across the planet,we urge you to face up to the climate emergency. Not next year. Not next month. Now:
Keep the precious goal of 1.5°C alivewith immediate, drastic, annual emission reductions, unlike anything the world has ever seen.
End all fossil fuel investments, subsidies, and new projects immediately, and stop new exploration and extraction.
End creative carbon accountingby publishing total emissions for all consumption indices, supply chains, international aviation and shipping, and biomass burning.
Deliver the $100bn promised to the most vulnerable countries, with additional funds for climate disasters.
Enact climate policies that protect workersand the most vulnerable, and reduce all forms of inequality.”
According to a U.N. Intergovernmental Panel on Climate Change report, human influence is unequivocally to blame for global warming. Some forms of climate disruption are now locked in for centuries.
"This report must sound a death knell for coal and fossil fuels, before they destroy our planet," said United Nations Secretary General Antonio Guterres.
Earlier this year, David Coombes, Head of Multi-Asset Investments at Rathbones, advised caution with Environmental, Social & Governance because of the hype around sustainable investing — money is flowing into businesses that have yet to create something — millions of dollars raised but no product.
Nicola Wealth and Workhorse received a $1billion investment but have yet to make any money. AVOID.
The global reaction to climate change produced significant changes, but some companies are also paying lip service.
David Coombes stated that “ESG is made up of dogs relabeled as Environmental, Social, and Governance. Yes, it’s hot in the climate change arena but be cynical. Look at long-term companies who have focused on supporting the environment for 10, 20, 30 years. The overpriced renewable energy and greenwashing businesses won’t be profitable.”
Bring your moral compass with you.
Strong fundamental ethics of investment companies — in this case, Rathbones, means they don’t rely on the debt business. Nor do they invest in tobacco, gambling, payday loans, or fast fashion. The company also believes the world needs to move away from oil.
Companies that behave badly lose their customers. Therefore, companies need to adapt to avoid risk to their bottom lines.
David Coombes believes rip-off merchant enterprises will fail when customers wise up to their tactics. In the case of tobacco, it’s proven to be dangerous. When you choose an investment opportunity, it’s a good idea to make use of your moral compass.
Some excellent examples of false advertising by greenwashers who environmental organizations have called out include BP, Nestle, Coca-Cola, and multiple banks.
Many people want to help the environment because they want a future for their family and the planet. Unethical businesses pretend they care for the environment and use language that sounds like doing the right thing. Meanwhile, they continue creating plastic bottles.
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