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Climate Crisis: What Is Greenwashing and Why Is It Concerning? | Sarah Light — Ripple Effect Podcast

April 11, 2023 / 00:43

This episode features Sarah Light, an associate professor of legal studies and business ethics at the Wharton School, discussing greenwashing, its implications, and regulatory responses.

Sarah Light explains greenwashing as the practice of misleading consumers about the environmental impact of products and companies. She highlights recent trends in businesses misrepresenting their sustainability efforts.

The conversation covers the role of public regulators, specifically the Federal Trade Commission and the Securities and Exchange Commission, in addressing greenwashing. Light discusses potential litigation and the importance of requiring upfront disclosures from companies.

Listeners gain insights into the challenges of holding companies accountable for their environmental claims and the effectiveness of current regulatory measures.

TLDR

Sarah Light discusses greenwashing and regulatory responses to misleading environmental claims by businesses.

Episode

0:43

00:00:00

hi my name is Sarah light I'm an associate professor of legal studies and business ethics at the Wharton School

00:00:06

and my research focuses on the intersection of businesses and the climate and the environment I have

00:00:12

recently been focusing on green washing which is the art of misleading the public about the environmental impact or

00:00:21

qualities of a firm's product services or indeed The Firm itself I have been

00:00:26

focusing on the ways in which public Regulators like the Federal Trade Commission and the Securities and

00:00:33

Exchange Commission can address the problems of greenwashing either through litigation after the fact or by

00:00:40

requiring upfront disclosures

Episode Highlights

Understanding Greenwashing
Sarah Light explains the deceptive practice of greenwashing in business.
“Greenwashing is the art of misleading the public.”
@ 00m 12s
April 11, 2023
Regulatory Responses to Greenwashing
Exploring how regulators can combat greenwashing through litigation and disclosures.
“How can regulators tackle greenwashing?”
@ 00m 30s
April 11, 2023

Episode Quotes

Greenwashing is the art of misleading the public.
Climate Crisis: What Is Greenwashing and Why Is It Concerning? | Sarah Light — Ripple Effect Podcast
How can regulators tackle greenwashing?
Climate Crisis: What Is Greenwashing and Why Is It Concerning? | Sarah Light — Ripple Effect Podcast

Key Moments

Greenwashing Defined00:12
Regulatory Focus00:30