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Bamboo Blend Napkins

FTC Fines Major Retailers $1.3M for Misleading Environmental Claims

Retailers Bed Bath & Beyond, Nordstrom, JC Penney and Backcountry.com have been fined $1.3 million by the Federal Trade Commission for misleading environmental claims. Under the court order settling the FTC’s charges, the four companies are barred from labeling and advertising rayon textiles as made of bamboo and will pay … Read more »

Starbucks

Nike, UPS, Starbucks Shareholders Demand GHG Cuts, Sustainability Reporting

Investors filed 110 shareholder resolutions this proxy season related to sustainability issues and climate change with 94 US companies, according to business nonprofit Ceres, which helped coordinate the shareholder filings. Among resolutions filed with major US manufacturers, consumer brands and service providers, many investors requested board oversight of corporate sustainability … Read more »