Archive for January 15th, 2008

clorox_gw2.jpgClorox announced yesterday that they have joined forces with the Sierra Club in marketing their new natural cleaning product line Green Works. Green Works labels will boast the Sierra Club logo and pay a fee to the non-profit.

Green Works will start appearing on store shelves throughout the country this month and the Sierra Club logo will start appearing on Green Works near Earth Day (April 22) this year.

The Green Works products will include: an all-purpose cleaner, a glass cleaner, a toilet bowl cleaner, a dilutable cleaner, and a restroom cleaner. All are at least 99 percent natural made from ingredients like coconuts and lemon oil. The cleaners are biodegradable, non-allergenic, cruelty free and packaged in recyclable containers.

The products have been allowed the “Design for Environment” certification from the U.S. Environmental Protection Bureau. And the launch of Green Works is significant in that it marks the first nationally distributed natural cleaner - Clorox is big business.

Sierra Club Executive Director stated, “One of the Sierra Club’s primary goals is to foster vibrant, healthy communities with clean water and air that are free from pollution. Products like Green Works help to achieve this goal in the home. We’re looking forward to working with Clorox and the Green Works team to promote a line of natural cleaning products for consumers who are moving toward a greener lifestyle,” according to GreenBiz.

Many critics of the company best known for manufacturing bleach products see Clorox as just trying to cash in on green market trends. Case in point, their current acquisition of Burt’s Bees which many long time Burt’s fans called a sell-out rather than a buyout.

What do you think? Should we applaud green moves by a company that also produces environmentally damaging products? Is any green superior than none at all?

Via GreenBiz

Share This

Comments No Comments »

Citigroup gets a black eye in Rusnak caper
Baltimore Sun - JUST WHEN you thought it was safe to walk down Wall Street again without two Dobermans to repel the white-collar muggers, Allied Irish Banks brings new allegations of misdeeds against Bank of America and Citigroup. OK, the purported transgressions

Citigroup down $9.8B on home loans
CNN - NEW YORK (CNNMoney.com) — Citigroup delivered some of the worst quarterly results in the company’s history Tuesday, reporting almost a $10 billion loss that fell much further than Wall Street had anticipated. The nation’s largest bank also announced

Asian stocks end lower as Wall St rebound fails to inspire - UPDATE
Forbes - Asian stocks ended lower Tuesday as investors remained unconvinced by Wall Street’s rally overnight as worries that the US economy might slip into a recession persisted. The regional markets changed course after opening firmer, indicating caution ahead

Futures point lower after Citigroup loss
Boston Globe - NEW YORK (Reuters) - Stock index futures fell on Tuesday, suggesting a lower begin for Wall Street, after Citigroup Inc reported a wider-than-expected quarterly loss. Citigroup’s quarterly results, which included a dividend cut, an $18.1

Merrill Lynch seeks $1bn from Japanese giant
Times On the web - Sources at Mizuho Financial Group told Times On the internet that the Japanese titan was in the final stages of securing a “major tranche” of preferred shares in the struggling Wall Street firm. The deal, say analysts, is likely trigger a series of similar

Singapore shares close sharply lower in line with regional fall on US
CNBC - SINGAPORE (Thomson Financial) - Singapore shares shut sharply lower Tuesday, tracking declines in regional bourses as fears of a US recession continued to lead the index selloff. Wall Street’s overnight rally failed to lift market sentiment, with

Greenspan to join New York hedge fund firm -WSJ
Forbes - NEW YORK, Jan 15 (Reuters) - Former U.S. Federal Reserve Chairman Alan Greenspan is set to join hedge-fund firm Paulson & Co. as an adviser, The Wall Street Journal reported on Tuesday. New York-based Paulson, with assets of $28 billion, is set to

Wall Street facing rough session
CNN Money - LONDON (CNNMoney.com) — Wall Street braced for a tough day after Citigroup Inc. reported a almost $10 billion loss in fourth-quarter earnings. The financial giant Citigroup ( C , Fortune 500 ) reported an $18 billion writedown as part of a

Indonesian shares close sharply lower on US economic concerns - UPDATE
Forbes - JAKARTA (Thomson Financial) - Indonesian shares closed sharply lower after a volatile session Tuesday, with large caps heavily sold down on worries about the US economy. The market opened firmer driven by Wall Street’s rebound overnight but the gains

ELSEWHERE IN THE MIDWEST
Chicago Tribune - FTD GROUP: Shares of FTD Group Inc. jumped nearly 18 percent Monday after the Downers Grove-based provider of flowers and related products said its second-quarter results will top Wall Street estimates. The stock climbed $1.67, or 17.9 percent, to

Delta begins United-Northwest merger talks: report
CNBC - NEW YORK (Reuters) - Delta Air Lines Inc has started merger talks with Northwest Airlines Corp and United Airlines parent UAL Corp , and hopes to reach an agreement with one of them over the next two weeks, The Wall Street

It’s going to get worse
Globe and Mail - If you thought the third quarter was ugly for Wall Street’s biggest banks, wait until you see the carnage the fourth quarter has in store. With U.S. stock markets off to their worst begin in history as mortgage-related losses mount and recession

Comments No Comments »

Close
E-mail It