SUBSCRIBE

Featured

The laundromat

Know Your Enemy: Understanding Climate Disinformation

Climate conferences are likes buses; you wait all year for one then three arrive all at once. We are still sifting through the wreckage...

Time for a Chemical Portfolio Audit

Remember plucky paralegal Erin Brockovich taking the Pacific Gas and Electric Company to the proverbial cleaners for contaminating the groundwater in Hinkley, California for...

Bioplastics and California Dreamin’

The plastic-obsessed Laundromat is always on the lookout for some good news on the ongoing crisis involving the ubiquitous but highly damaging material.  This...

EVs, Treacle, and FUD

The journey towards sustainability is like wading through treacle.  As Al Gore, António Guterres and Fatih Birol keep loudly reminding us, the world has...

Ultra-Processed Portfolios

A corporate match made in heaven – for the parties involved, or hell – for humanity and the planet.  The very first Laundromat honed...

Quintet of Climate Hypocrites

It is July and things are relatively quiet in NordSIP’s hometown of Stockholm.  However, before long the ESG train will begin rolling again once...

Transition Guardrails Needed

The NordSIP Laundromat has had to get the builders in to construct an extension.  There was no longer enough room to accommodate all the...

Godfathers of Climate Chaos

Is United Nations Secretary-General António Guterres a NordSIP subscriber?  Has he actually been reading all these Laundromat rants against greenwashing and climate denial?  We...

LSE Sad Second Choice for SHEIN IPO

Fast fashion behemoth SHEIN is on the verge of listing its shares on the London Stock Exchange (LSE), according to media reports on Monday...

Microsoft’s Carbon Overshoot

“Start a post, try writing with AI” is how LinkedIn has recently taken to greeting me, in a clear sign that the robots are...

Musk’s Paypacket Dawn of Correction

This week the soundtrack to the Laundromat is Shadows by Dawn of Correction – more on that later.  Nordic investors with misgivings towards Tesla...

Gangster Tactics on Plastics

Bringing the bad guys into the room to help solve a problem can sometimes work.  There are many instances of reformed gangsters successfully working...

Plastic Polluters’ Canadian Conundrum

The Laundromat’s dedication to chasing down all things plastic pollution may be reaching obsession level at this point.  At time of writing the powers...

ExxonMobil Picks a Fight With Church

ExxonMobil has responded to a shareholder resolution on plastics with an astonishing attack on the filer and arguably the entire concept of shareholder democracy. ...

Beware Clowns in Toilets

It is surprising how often the food industry has featured in the two-year life of the Laundromat so far.  It is responsible for mountains...

Time for Climate Action 57+

The latest update to the Carbon Majors database does not paint a pretty picture.  However, it is a thorough piece of research that helps...

Stop Picking on us Say Oil Giants

Excellent news from the fossil fuel industry this week: some of the biggest global oil and gas companies have publicly declared that they will...

Fossil Facilitators Face Fury

This week the Laundromat was tempted to publish a blank page signifying its speechlessness in the face of ExxonMobil CEO Darren Woods’ assertion that...

The Fossil Fuel Getaway Drivers

A company has ESG scores of AA with MSCI, A- from CDP, and a nice 11% low-risk rating from Sustainalytics.  It has also committed...

Corporate Swindles Repeated (CSR)

Corporate social responsibility (CSR) is a nice concept.  Companies make their money providing useful goods and services while being fine corporate citizens, taking care...

Swift Solution to the Climate Crisis

“World's first year-long breach of key 1.5C warming limit” reads the BBC News headline this morning.  Perhaps just as troubling are the two hyperlinks...

What Evil Lurks in Your ESG-Screened Portfolio?

The Laundromat has disappeared down a plastic-bottled-mineral-water rabbit hole. It started with plastic waste.  As the world focuses on reducing fossil fuel use in the...

EU Calls Time on Eco-Babble

The trials and tribulations of the Voluntary Carbon Markets (VCM) over the past 12 months have been well covered in NordSIP, including in this...

Still, Sparkling or Plastic?

Another year, and Laundromat’s war against all things greenwashing continues.  Last year we explored bogus carbon neutrality claims, sportswashing and the impressive efforts of...

Greenwasher of the Year 2023

Let us rewind almost exactly 12 months to the last Laundromat of 2022, in which I expressed a wish for greater accountability in the...

Post-COP28 Party in the Petrostates

Most of the 100,000 delegates and attendees at COP28 in Dubai were likely there for the right reasons, and will have worked extremely hard...

COP28: Beware the Weasel Words

Dubai’s COP28 is a good time to play a game of Weasel Word Bingo.  As the 97,000 delegates and observers thrash out the various...

Would You Like Fossil Fuels With That?

COP28 began today, Thursday 30 November with what seemed like a significant success.  The Loss and Damage fund moved from abstract concept towards reality,...

IEA Hammers Big Oil With Hard Facts

NordSIP’s Laundromat listened attentively to the International Energy Agency’s (IEA) webcast today, 23 November 2023, during which they perfectly encapsulate the absurd dilemma of...

Behold the 2023 Production Gap!

Good news!  The renewable energy sector is growing at an unprecedented rate!  We are all saved.  Oh, hang on, some more news is just...

Put your Money Where your Mouth is!

Stockholm (NordSIP) – Here we go again.  The familiar whiff of panic, the series of last-minute preparatory meetings, and the persistent disagreements over fundamental...

Seriously Off-Piste with Skiing

Stockholm (NordSIP) – As the nights draw in and the temperature finally drops to something closer to normal autumnal levels, one might start looking...

How to Spice Up Your ESG Event

Stockholm (NordSIP) – Koinrandorī, which is Laundromat in Japanese, has just returned from a trip to Tokyo to attend the annual PRI in Person...

Whistleblowers v Greenwashers

Stockholm (NordSIP) – Deutsche Bank’s asset management subsidiary DWS has just been hit with a USD 19 million fine by the US Securities and...

UK’s Climate Clowncar Crash

Stockholm (NordSIP) – Satire is dead.  Neither The Thick of It nor Yes Minister can compete with the outstanding level of comedy writing demonstrated...

Well Done Everyone: Planet Boundaries Smashed!

Stockholm (NordSIP) – Some four years ago this Laundromat was busy reading academic materials and watching TED talks about the concept of planetary boundaries,...

Oil Firm CEOs Cannot Count to 3

Stockholm (NordSIP) – Could it really be that oil company executives cannot count to three?  The Greenhouse (GHG) Protocol divides harmful emission into three...

NBIM Throws Stone in Glass House

Nicolai Tangen, CEO of Norges Bank Investment Management (NBIM) recently posted a link to what he called an important article in the Financial Times...

The Magical Money Tree

Stockholm (NordSIP) – This week NordSIP spent some time perusing a new Stanford University study that highlights the huge barriers to entry faced by...

Plastic Industry’s Embarrassingly Small Impact

Stockholm (NordSIP) – Let’s say Laundromat weighs 80 kg and goes on a diet.  Many months later, having lost a total of 8 grammes,...

Planes, Trains and Automobiles – and the Planet

Earlier this year Planet Tracker released a handy guide to all the different forms of greenwashing perpetrated by various corporate climate baddies.  One of...

Women Lead the Way to Greener World Cup

Stockholm (NordSIP) – The Laundromat has given football a good kicking over the last year, with the 2022 Qatar World Cup a festival of...

EU Nature Law Battles On

Stockholm (NordSIP) – The EU’s beleaguered Nature Restoration Law (NRL) struggled on this week, slightly punch drunk but still standing and staggering on towards...

FIFA’s Greenwashing Red Carded

Stockholm (NordSIP) – Laundromat's greenwashing detector started flashing wildly back in November 2022 in the run up to the Qatar football World Cup.  Bold...

Banks Flying Under the Net-Zero Radar

Stockholm (NordSIP) – The multiple alarm calls about the climate crisis in recent years often refer to the fact that all of the money...

Merry Chaos at Shell AGM

Stockholm (NordSIP) – How long can the big oil companies hold out?  Much of the time they carry on raking in astronomical profits with...

Top-Down View from the ESG Balloon

Stockholm (NordSIP) – This week NordSIP attended the Sustainable Investment Forum Europe 2023 in Paris, hoping to finger the pulse of ESG to see...

Distraction Techniques For Evading Obligations

Stockholm (NordSIP) – “Oh yes, we are so very concerned about climate change and the plastic waste crisis – hey, look over there!”  The...

TotalEnergies Sues Greenpeace Over Climate Report

Stockholm (NordSIP) – The past 12 months have seen sustainability organisations increase their use of the legal system to put pressure on climate laggards. ...

The Pensions Are Revolting!

Stockholm (NordSIP) – Greenrinse (ɡriːn rɪns) – verb: The practice of adjusting previously set sustainability targets when it becomes clear that they will not...

Climate Engagement: How Slow is Too Slow?

Stockholm (NordSIP) – Engagement.  This is the magic word used to justify keeping massive greenhouse gas (GHG) emitters in institutional portfolios.  In theory, shareholders...

Getting Arrested at COP28

Stockholm (NordSIP) – There are just 90 seconds left on the doomsday clock, and the latest report from the Intergovernmental Panel on Climate Change...

Miami Vice

Stockholm (NordSIP) – With Sultan Ahmed al-Jaber, the CEO of the Abu Dhabi National Oil Company at the helm for the upcoming COP28 climate...

Ethical XXX Highlights Fund Naming Chaos

Stockholm (NordSIP) – Headline writers and social media attention-seekers had a field day this week, when they found out to their delight that a...

Ditch the Collagen, The Planet Will Thank You

Stockholm (NordSIP) – In December 2022 the European Union (EU) announced plans for a new regulation on deforestation-free supply chains.  This will put the...

Spotlight on Creative Industry’s Fossil Fuel Work

Stockholm (NordSIP) – Investors are becoming increasingly wary of investing in companies that actively lobby behind the scenes against climate change action, while publicly...

Forest 500 face the Axe From Portfolios

Stockholm (NordSIP) – Environmental non-profit Global Canopy’s (GC) latest annual report paints a sorry picture of the global efforts to limit deforestation on the...

Self-styled Climate Leaders’ Dismal F-Score Report

Stockholm (NordSIP) – At COP27 last December, the UN-sponsored High-Level Expert Group (HLEG) on the Net-Zero Emissions Commitments of Non-State Entities presented the results...

COP26, COP27, COP28, COP OUT

Stockholm (NordSIP) – Here at NordSIP we assiduously cover the steady stream of COP meetings that come up, looking to report on any significant...

How to Earn $100 Billion in Just 12 Months

Stockholm (NordSIP) – “Creating sustainable solutions that improve quality of life and meet society’s evolving needs.”  Who would have thought that ExxonMobil had such...

Rumble in the Jungle Over Carbon Offsets

Stockholm (NordSIP) – Carbon offsets are controversial.  If constructed, managed and implemented properly they can make a lot of sense.  A greenhouse gas (GHG)...

Your Handy How-to Guide to Effective Greenwashing

Stockholm (NordSIP) – Alcoholics Anonymous is a good example of a group successfully tackling their own addiction.  However, it turns out self-help is not...

Deadline Looming on Greenwashing Call for Evidence

Stockholm (NordSIP) – In what was music to the Laundromat’s ears, three European Supervisory Authorities (ESAs) made a Call for Evidence (CfE) in November...

Laundromat Recap: 3 Ways to Combat Greenwashing

Stockholm (NordSIP) – What is the point of the Laundromat?  We created the column earlier this year to focus on greenwashing and other forms...

Contact us

Kungstagatan 8, 2tr
111 43 Stockholm - Sweden
[email protected]
+46 (0)70 999 3966

© NordSIP - Published by Big Green Tree Media AB