To the oil industry, there is no single price of oil. Instead, there are multiple like Brent, Dubai, and WTI, each for a particular grade of crude. Russia has its own grade of oil and its price is languishing.
More than half of the scorecards on H&M’s website claimed that a piece of clothing was better for the environment than it was. It also showed data that were the exact opposite of reality.
The organization that oversees the ratings is mothballing its consumer-facing portion, and expediting an independent review of the system's data and methodology.