'A common and pernicious form of greenwashing is saying one thing on your company's sustainability but doing another thing on the trade associations that you're funding,' Ben Ratner told Newsweek.
Despite touting its commitment to clean energy,has donated to the U.S. Chamber of Commerce, a powerful lobbying organization that has questioned climate science and even argued thatWhile spending around $200 million a year to impede or block climate change action, the largest five fossil fuel companies listed on the stock market planned to increase investment by $115 billion.
. Meanwhile, the companies spent $195 million each year on ads suggesting a need to address climate change.has generated concern that consumers will stop trusting corporate commitments. "A lot of companies are still thinking about corporate social responsibility. They're not running it through the business and through the strategy. They're not really putting it into their plans and my worry is that without any durable metrics, consumers and investors and others really don't know who is sustainable and who's doing, Senior Advisor to Sustainable Markets at the World Economic Forum, said in a recent press release from the economic organization.
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