Trade Associations Misaligned with Paris Goals

Financial think tank Planet Tracker has warned that corporations could face greenwashing allegations due to trade associations’ misalignment with Paris Agreement targets. In its latest report, Planet Tracker said only 8% of S&P100 companies assessed their trade associations’ climate policies. The group also found that nearly every major consumer and chemical corporation – including Colgate-Palmolive, Procter & Gamble and Walmart – were members of misaligned trade associations, apart from Danone and Nestlé. Planet Tracker has urged companies to reassess their affiliation with those associations, suggesting they that look to The World Resources Institute’s AAA framework’s. The roadmap was created as part of the Global Standard on Responsible Climate Lobbying, and sets out a five-step roadmap to prevent greenwashing. These include: conducting an audit of trade associations’ climate change positions; publicly disagreeing when an association’s stance contradicts company positions on climate; and leaving an association if alignment attempts are ineffective. Mars, Nestlé and Unilever have previously taken steps to withdraw from the Grocery Manufacturing Association – which has since rebranded as the Consumer Brands Association.

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