Sustainable Growth Out Loud

SGOL: Crocs, Biodiversity and Greenwashing

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Episode notes

The SG Voice team review the recent announcement from footwear giant Crocs, who will now attempt to achieve net zero by 2040, rather than 2030. This statement raises questions regarding the methodologies used by companies that are experiencing rapid growth while also trying to meet net zero pledges. 

Biodiversity has garnered a lot of attention in recent years, gaining the spotlight during COP15, but corporate action remains slow. With more than half of global GDP, being moderately or highly dependent on nature, we must protect it if we want to avoid disruption. Given that companies are starting to account for their impacts on nature, there is a lot of work left to do.  

The European Parliament has voted in favour of two proposals, which were initially announced in March, for a clamp down on greenwashing and early obsolescence. Both proposals are part of wider measures to move towards a circular economy.   

 

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