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Dr Rob Hales: Griffith Business School associate professor on the rise in corporations ditching their climate targets

EPISODE · Sep 5, 2024 · 6 MIN

Dr Rob Hales: Griffith Business School associate professor on the rise in corporations ditching their climate targets

from Best of Business · host Newstalk ZB

There's been a growing uptick in corporations ditching their green ambitions. Volvo Cars has abandoned its ambitious target to sell only electric cars by 2030 amid a global slowdown in growth for battery-powered vehicles. Sweden has recently scrapped their aviation tax on airline tickets in a bid to reduce prices and boost availability. Griffith Business School associate professor Dr Rob Hales says more businesses have decided to keep their targets quiet amid accusations of green-washing. "Green-hushing is keeping your targets and keeping the mechanisms to try and get there a bit quiet. There's been some industry studies to show that up to 25 percent of businesses are actually disclosing, in public, what their targets are." LISTEN ABOVESee omnystudio.com/listener for privacy information.

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Dr Rob Hales: Griffith Business School associate professor on the rise in corporations ditching their climate targets

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