Australian Pension Fund Fined A$10.5 Million for Greenwashing March 18, 2025 By Amy Bainbridge and Nasteho Said Australian pension fund Active Super has been fined A$10.5 million ($6.7 million) for making a number of misrepresentations about its...
Update: Auditors Get Tougher Guidelines on Judging Firms’ Environmental Claims January 27, 2025 By Simon Jessop and Virginia Furness International auditors have been given new guidance on what to check when assessing firms’ environmental, social and governance claims –...
New York City Lawsuit Against Exxon, BP, Shell Over Climate Change Dismissed January 16, 2025 By Jonathan Stempel A judge has dismissed New York City’s lawsuit seeking to hold Exxon Mobil, BP and Shell liable for misleading the...
Vanguard Investments Fined for Greenwashing as Australia Eyes ESG Claims September 25, 2024 By Amy Bainbridge Australia’s federal court has fined Vanguard Investments Australia Ltd. A$12.9 million ($8.9 million) for making misleading claims about a fund,...
Environmental Group Sues Tyson Foods for Alleged False Climate Claims September 19, 2024 By Leah Douglas An environmental group is suing Tyson Foods for allegedly misleading consumers by saying it will reach net-zero emissions by 2050...
Lawsuits Targeting ‘Climate Washing’ Becoming More Frequent June 28, 2024 By Katharine Gemmell and Karin Matussek Companies accused of misrepresenting their progress on tackling climate change are increasingly finding themselves the target of litigants, as activist...
Banks, Asset Managers Warned of ‘Huge’ Fallout From UK’s New Greenwashing Law May 31, 2024 By Greg Ritchie and Frances Schwartzkopff Banks and asset managers in the UK woke up to a new reality on Friday, as the country enforces some...
US Regulator to Issue Carbon-Credits Rulebook Within Months May 22, 2024 By Natasha White The US Commodity Futures Trading Commission expects to finalize its guidance for carbon credits within the next six months, as...
EU Finalizes Investment Fund Labels to Combat Greenwashing May 15, 2024 By Huw Jones The European Union’s securities watchdog confirmed on Tuesday final guidelines on when investment funds can label themselves as being “sustainable”...
UK Firms Told to ‘Urgently Review’ Green Claims Amid Crackdown April 24, 2024 By Greg Ritchie Firms operating in the UK are being advised to go through any products and services around which some sort of...