Greenwashing June 6, 2012 : 7:47 PM

The Union of Concerned Scientists released an important report last week detailing the hidden anti-climate activities of some of the world’s largest corporations:

“Some of America's top companies are spending heavily to block action on climate change or discredit climate science, despite public commitments to sustainable and green values, a new report has found.”

“An analysis of 28 Standard & Poor 500 publicly traded companies by researchers from the Union of Concerned Scientists exposed a sharp disconnect in some cases between PR message and less visible activities, with companies quietly lobbying against climate policy or funding groups which work to discredit climate science.”

The report contains the following details:

“But even General Electric Company, which ranks climate change as a pillar of its corporate policy on its website, had supported trade groups and thinktanks that misrepresent climate science, the researchers found.”

“Caterpillar Inc, despite its public commitment to sustainability, also worked behind the scenes to block action on climate change. The company spent more than $16m (£10.3m) on lobbying during the study, with nearly five times as much of that spent lobbying to block climate action than on pro-environmental policies.”

“Other big corporate players were fairly consistent with their public image. Nike and NRG Energy Inc lobbied in support of climate change policy and supported conservation groups.”

“Peabody Energy Corporation, which produces coal, was ranked the most obstructionist of any of the companies. It spent more than $33m to lobby Congress against environmental measures and supporting trade groups and think tanks which spread disinformation about climate science, the researchers found.”

Source: Guardian