Australia’s competition regulator said on Monday Clorox’s local unit had been fined A$8.25 million ($5.19 million) by the Federal Court over falsely claiming its GLAD kitchen and garbage bags were partially made from recycled ocean plastic. The Australia Competition and …
An ad for TotalEnergies SE inflated the oil company’s investments in renewable energy, misleading consumers, the UK’s advertising regulator ruled on Wednesday. Another commercial for Shell, which promoted its investments in EV charging stations and renewable energy, as well as …
Deutsche Bank AG’s investment arm DWS agreed to pay €25 million ($27 million) to end a long-running German investigation into alleged greenwashing, in a similar settlement to the one it struck with US regulators in 2023. DWS gave a false …
Australian pension fund Active Super has been fined A$10.5 million ($6.7 million) for making a number of misrepresentations about its environmental, social and governance credentials amid a regulator push to stamp out greenwashing. In June, the Federal Court found regulator …
International auditors have been given new guidance on what to check when assessing firms’ environmental, social and governance claims – and how – as part of efforts to increase rigor and consistency, the chair of the industry’s global ethics watchdog …
A judge has dismissed New York City’s lawsuit seeking to hold Exxon Mobil, BP and Shell liable for misleading the public about their products, and their commitment to renewable energy and fighting climate change. In a decision on Tuesday, state …
Australia’s federal court has fined Vanguard Investments Australia Ltd. A$12.9 million ($8.9 million) for making misleading claims about a fund, the highest penalty issued in the country so far over greenwashing. In March, the court found the investment giant made …
An environmental group is suing Tyson Foods for allegedly misleading consumers by saying it will reach net-zero emissions by 2050 and marketing climate-friendly beef without meaningful plans to achieve those goals. The suit was filed on Wednesday by the Washington-based …
Companies accused of misrepresenting their progress on tackling climate change are increasingly finding themselves the target of litigants, as activist groups look to hold some of the world’s worst polluters to account. As many as 47 new climate washing cases …
Banks and asset managers in the UK woke up to a new reality on Friday, as the country enforces some of the most far-reaching anti-greenwashing rules ever seen. Due to its broad scope, the new requirement from the Financial Conduct …
