Peter Foster, Financial Post
Sustaina-bull: “There is a certain rich irony in Shell being hoist by its own environmental petard.”
This week, petroleum giant Royal Dutch Shell had its knuckles rapped by the U. K.’s Advertising Standards Authority (ASA) over claims that its Canadian oil sands operations were “sustainable.” There is a certain rich irony in Shell being hoist by its own environmental petard. The company’s former CEO, Sir Philip Watts, once claimed that Shell’s commitment to sustainable development and corporate social responsibility were what elevated it above its rivals. That was before he was thrown out of the company for cooking the books.
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