Latest / How To Protect The Ocean / Greenwashing Exposed: Why 400+ Companies Got Caught Lying About Sustainability in 2026
Transcript
- 0:00Did you ever wonder if when businesses were talking about sustainability that
- 0:03they were actually speaking the truth?
- 0:05They actually would do the ESG goals that they actually had?
- 0:09Well, apparently not a lot of them did.
- 0:12And there's a new regulation in the EU that is holding these companies
- 0:18accountable, and we've kind of seen about 400 greenwashing-related
- 0:23enforcement actions over a number of different countries already in
- 0:272026 over the US, the UK, across the EU, Canada, Australia, and India.
- 0:32We're gonna talk about those today on today's episode of the How to Protect
- 0:35the Ocean podcast, because this is where we talk about ocean news.
- 0:38And ocean news is about how businesses conduct themselves in and around
- 0:42the ocean and just even on land.
- 0:44Because some of these businesses actually affect the ocean.
- 0:47And when they claim that they are being sustainable and that they are doing good
- 0:50things for the environment, they have to show what they are being good at.
- 0:53Why are they being good to the ocean, or why they are
- 0:55being good to the environment?
- 0:56They have to prove and provide evidence that they do so, ' cause
- 0:59if not, it's called greenwashing, and a lot of companies do it.
- 1:01Over 400 already companies that had enforcement action taken
- 1:04against them already in 2026.
- 1:07We're gonna talk about that on today's episode, so let's get into it.
- 1:10That's right, more than 400 greenwashing-related enforcement
- 1:13actions have already been recorded globally in 2026 across the US, the
- 1:18UK, EU, Canada, Australia, and India.
- 1:21And the EU's updated consumer protection regulation entered into force in
- 1:252026, creating legal obligations for companies to substantiate environmental
- 1:29claims made in marketing and in generic claims like sustainable or eco
- 1:35without proof are now being prohibited.
- 1:37So, look, I wanna kind of use the analogy of food labeling.
- 1:40When I was first going to the University of Guelph for, what I wanted to do
- 1:44was marine biology, I couldn't get into the marine biology program,
- 1:46didn't have the marks to get in there.
- 1:48I had an 85 average.
- 1:49Like, let's be honest here, I was doing pretty well, but people were doing
- 1:52better than me when they got in, so I had to go through another program.
- 1:54It was the agricultural science program.
- 1:56And during that first year, I took a course that looked at the economy,
- 2:00looked at just, like, food labeling systems as part of the course.
- 2:02And food labeling in Canada was really interesting.
- 2:04It's always been interesting to me.
- 2:06And then looking at what they claim and what's real is really interesting.
- 2:10Fat-free in Canada doesn't actually mean fat-free.
- 2:13It's 1.5%, or at the time when I learned, it was 1.5% fat.
- 2:16Now, I'm not debating whether we should be having fat in our diet or non-fat in
- 2:20our diet or things like that, but what I am saying is if you put down that
- 2:24there's 0% fat in a food container, and there's actually 1.5% fat, that's not 0%.
- 2:291.5 does not equal 0%.
- 2:32So it always, like, it always made me wonder, like, how do these companies
- 2:36get away with this kind of stuff?
- 2:37The numbers don't add up, but it's just a label.
- 2:40And those labels have categories, and the numbers within those categories can fit
- 2:44within 0% when it's actually 1.5% fat.
- 2:47And there's a lot of things that go on in the labeling system, but this is
- 2:49the analogy of what companies can do.
- 2:51And actually, they weren't even held to these types of standards
- 2:53in the past when they were saying, "Yeah, well, we're actually doing
- 2:55great things for the environment." I remember, I remember in Canada, there
- 3:00were companies that were doing…
- 3:02And actually even the government, the Alberta government would
- 3:04put on these commercials.
- 3:06And these are the days where we were forced to watch commercials.
- 3:08Like if I was watching the "Seinfeld" episode in the '90, '80s and '90s, and
- 3:12I was waiting for like, you know, Jerry and George and Kramer and Elaine to come
- 3:16back on, and during a commercial break, I would see one of these commercials.
- 3:19And it was Alberta, and it was a beautiful day.
- 3:22It was sunny skies, no cloud in sight.
- 3:25And you see these rolling hills of like just different types of grasses
- 3:29and plants and trees and everything.
- 3:31And you see an oil and gas exec or an actor that's playing an oil and
- 3:34gas exec talking about how, " Look, yes, not only are we providing energy
- 3:39for the environment or for the people of Canada, but we're also making
- 3:43sure that our environment is great."
- 3:45And it didn't have to be a scene where this was a tar sand site.
- 3:50Obviously it wasn't, because we would've seen the tar sands.
- 3:52Or it doesn't show the ponds that they empty all their chemicals into and
- 3:57that they refuse to clean up and the government doesn't hold them to clean
- 4:00up, and they could be like $100 million to clean up 'cause there's so much
- 4:03chemicals and so much sludge and they've destroyed everything in those waters.
- 4:06Or they don't show how they fractured and cut up the land so much that migratory
- 4:11animals can't even migrate anymore because they just don't have the land, because
- 4:15it's been taken up by new spots for digging for oil and gas in the tar sands.
- 4:20but you would see this commercial of this beautiful scene, almost
- 4:24looked like "Little House on the Prairie" scene, where you just had
- 4:27rolling hills, beautiful grasses, diversity, all that kind of stuff.
- 4:31Yet in the reality of it was it's cloudy, there's digging, there's
- 4:35pollution, there's fires burning because they need to burn some stuff off.
- 4:39There's all this kind of stuff and industrial stuff and trucks and
- 4:42things like that, and cut up land and trees that have died and so forth.
- 4:46And that's just not the real thing.
- 4:47That's greenwashing.
- 4:48And they were able to do that for decades.
- 4:50They were able to say that they were able to do this kind of stuff.
- 4:52And there are companies out there that are saying that they can do
- 4:55something good for the environment or that they're giving back to the
- 4:58environment or they're donating a certain amount or they're holding beach
- 5:02cleanups and things, and they don't.
- 5:04And they don't do anything.
- 5:05They don't give to charity, they don't do anything.
- 5:07They just keep all that money for themselves, and they're just greedy.
- 5:09And I think people are just sick of it happening.
- 5:11And unfortunately, it takes away from companies actually doing good
- 5:15work with the environment and like Philips Lighting, like we talked
- 5:18about a couple of episodes ago.
- 5:19Sustainability could turn into saving money as well as providing
- 5:24a benefit to the environment or impacting the environment less
- 5:27by less emissions and so forth.
- 5:29But there's a lot of companies that are having that.
- 5:31And like, it was kind of interesting 'cause there was a surge in sustainable
- 5:33investment during the early 2020s that created the strong incentive to
- 5:37use sustainability language broadly while backing it up pretty thinly.
- 5:42And regulators are now correcting that.
- 5:44They now realize that these companies are really misrepresenting what
- 5:48they are doing to the environment.
- 5:50They could be ruining the environment in one place and
- 5:52helping the environment in another.
- 5:53But if they say they're helping and they're not, now they're just ruining
- 5:56the environment and maybe preventing something else from being helped.
- 5:59I have no idea 'cause people think that it's being helped.
- 6:01They're not donating for those efforts or anything like that.
- 6:03I have no idea if that's happening, but that could happen.
- 6:06Now, the SEC has already fined firms, including Goldman Sachs and DWS,
- 6:10multiple millions of dollars for misrepresenting ESG processes, and
- 6:15fined WisdomTree Asset Management $4 million for ESG-related misstatements.
- 6:20And the states attorney general in New York, California, Washington, D.C., have
- 6:24filed greenwashing suits under consumer protection and false advertising laws.
- 6:29And in Canada, new penalties tied to environmental claims substantiation
- 6:33have led to some companies to scale back public ESG statements entirely
- 6:37to avoid litigation risk and a trend that we're now called green hushing.
- 6:42So they realize that these laws are coming in, and they're like, "Okay,
- 6:45we're just not gonna talk about it anymore Or we're gonna talk less
- 6:47about it because technically we're not doing anything for the environment.
- 6:50And we're actually doing worse.
- 6:51So, , it's better to not say anything at all than to say something and
- 6:55it's not, and you're putting the environment at risk, or you're
- 6:57saying something that's not true, and you're gonna get fined for it.
- 7:00You're gonna get some legal action taken against you.
- 7:02So there's a divergent global approach.
- 7:04The EU and the UK regulators aggressively enforcing ad standards, and the US
- 7:08relying more on state AGs, so the attorney generals, and SEC litigation, Canada
- 7:13introducing a private right of action.
- 7:15So there are a lot of different actions that are happening because
- 7:18these governments are trying to crack down on this lying, essentially.
- 7:22Lying to say, "Hey, we're actually doing better for the environment," when they're
- 7:24not, or we're saying, " Our products can be recycled," when they can't be.
- 7:28Or, "We're taking back a lot of our products," or they don't.
- 7:30There's a lot of things that will happen and greenwashing take place,
- 7:33which unfortunately takes away from the significance of actually doing
- 7:37something good, like a business actually doing something good and putting
- 7:40sustainability in place and investing into that circularity part of business.
- 7:44I think that's really what it comes down to.
- 7:47So now what you can do as a listener is you can be skeptical.
- 7:50Be skeptical of these vague claims like eco-friendly, green, carbon
- 7:55neutral, and without any evidence behind them, don't believe them.
- 7:58Make them show you the evidence.
- 7:59If they claim that they're reducing emissions, say, "Where on your
- 8:02website do you provide this report?"
- 8:04And is it true?
- 8:05Is it a true report?
- 8:06They will go, these companies will go at lengths, and now that there's litigation
- 8:09against it, they're probably gonna go at worse lengths to try and greenwash,
- 8:13they're gonna be sneaky about it.
- 8:15But also look for third-party verification rather than a
- 8:18company's own marketing language.
- 8:20You don't believe, like, a company coming out and saying, "Hey, we're
- 8:22doing this," without evidence.
- 8:23If you have a third party to say, "Actually, you know what? We're
- 8:25staying right in the middle, and we're gonna say whether you're doing
- 8:28it or not," that's who you believe.
- 8:30Their skin in the game is to make sure that they are true and that to show that
- 8:33there's some that are doing it and some that aren't in terms of doing good things
- 8:36for the environment and being sustainable.
- 8:38Tomorrow we're gonna be talking to Zena Harris who actually makes
- 8:40sure that entertainment industries and production sites on, like,
- 8:44Hollywood movies and TV shows and so forth are actually sustainable.
- 8:48She works as a consultant.
- 8:49She works with them to make sure that they can find everywhere they can make better
- 8:53efficiencies for sustainability and add in some more sustainable workflows.
- 8:57She makes sure that they do that.
- 8:59Her company does.
- 9:00And I have a conversation with her tomorrow talking about that type of
- 9:04subject and why it's so important.
- 9:05Like, we're gonna summarize everything we talked about Monday through Thursday
- 9:08and why it's so important for these production companies and these big movie
- 9:12companies that are executive producing and funding a lot of these productions
- 9:16are making sure that these are being put in place because the people are demanding
- 9:20it, the regulations are demanding it.
- 9:22They can't greenwash it.
- 9:23They gotta actually do it, and there are people like Zena who are in charge
- 9:26who are making sure and working with them to ensure that they are doing the
- 9:29right things and guiding them to make sure that they get to that avenue.
- 9:32And I think it's a great business to be in, and we're gonna talk to Zena
- 9:35Harris tomorrow, so don't miss out.
- 9:36You wanna follow this show right now on your favorite podcast app.
- 9:39And of course, if you wanna support the show, you can do so.
- 9:41Go to speakupforblue.com/patreon.
- 9:44That's the end of today's episode.
- 9:46Enjoy tomorrow's interview with Zena.
- 9:48Make sure you listen to that, and I would love to hear your thoughts on that.
- 9:51That's on this podcast called How to Protect the Ocean podcast, and
- 9:55you have been listening to the How to Protect the Ocean podcast.
- 9:57I'm your host, Andrew Lewin.
- 9:58Have a great day.
- 9:58We'll talk to you next time, and happy conservation.