mb8 Energy companies have spent $5.6B on ‘sportswashing’ – report

Updated:2024-10-22 11:53    Views:62

Energy companies have spent $5.6B on 'sportswashing' - reportEnergy companies have spent $5.6B on 'sportswashing' - report

(COMBO) This combination of pictures created on September 11, 2024 shows (FILES) President of the French region of Ile-de-France Valerie Pecresse (L) posing during a photo session, in Paris, on April 8, 2021; and (FILES) French Mayor of Paris and Socialist Party (PS) candidate for the April 2022 presidential election Anne Hidalgo posing during a photo session in Paris, on February 1, 2022. – The Ile-de-France region, chaired by Valerie Pecresse (LR), is asking the municipality to abandon its plan to lower the speed limit from 70 km/h to 50 km/h ‘in favour of laying new accoustic coating’, which it considers more effective in reducing noise pollution and which it is prepared to finance in half, it states in a press release. (Photo by JOEL SAGET / AFP)

Paris, France — Oil and gas giants have spent $5.6 billion on sports sponsorship through some 205 accords, said a study by research group New Weather Institute released on Wednesday that describes the outlays as “sportswashing”.

The report, entitled “Dirty Money – How Fossil Fuel Sponsors are Polluting Sport”, says football, motor sports, rugby and golf are the sports most sponsored by energy companies.

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The biggest spenders in the industry include Aramco ($1.3 billion), Ineos ($777 million), Shell ($470 million) and TotalEnergies ($340 million).

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Middle East petrol states are growing their presence in the sports world, even as the summer of 2024 was globally the hottest ever, the report says.

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The study identified 205 still active sports agreements signed by companies linked to fossil fuels, of which only 41 revealed financial details.

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To fill the data gap, the authors made estimates based on similar agreements whose amounts were disclosed, using SportBusiness database and publicly available sources.

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Sports organizations have faced pushback from the public for their ties to companies responsible for carbon emissions.

At the 2023 Rugby World Cup, TotalEnergies kept a low profile at the fan zones in Paris. It decided against being a sponsor of the Paris Olympics in 2024 after Paris mayor Anne Hidalgo expressed her opposition.

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“Air pollution from fossil fuels and the extreme weather of a warming world threaten the very future of athletes, fans and events ranging from the Winter Olympics to World Cups,” said Andrew Simms, co-director of the New Weather Institute.

“If sport is to have a future it needs to clean itself of dirty money from big polluters and stop promoting its own destruction.”

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The term “sportwashing” refers to being associated with popular sporting events to improve one’s image and draw attention away from controversial practices.mb8

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