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...
Dutch Airline KLM Loses Greenwashing Case on Climate Advertising March 21, 2024 By Sarah Jacob Dutch airline KLM misled customers through advertisements that suggested its flights are climate friendly, an Amsterdam court ruled. KLM makes...
Vermont’s Consumer Protection Suit Against Energy Firms Returned to State Court February 15, 2024 The federal district court in Burlington, Vermont recently granted the state attorney general’s motion to return the state’s consumer protection...
Judge Limits Delaware’s Sweeping Climate Change Lawsuit Against Fossil Fuel Companies January 14, 2024 By Randall Chase A judge has rejected several claims lodged by Delaware’s attorney general in a lawsuit alleging that the fossil fuel industry...
UK to Probe Unilever’s Environmental Claims as Part of Greenwashing Crackdown December 12, 2023 Britain’s competition watchdog said on Tuesday it would scrutinize environmental claims made by UK consumer goods giant Unilever about certain...
Climate Activists, Companies Lawyer Up for Courtroom Battles November 22, 2023 By Gloria Dickie As global temperatures and emissions climb, people are increasingly turning to courtrooms to challenge fossil fuel companies’ activities, leading to...
UK Financial Watchdog Says Some Funds Mislead Investors With ESG Label October 19, 2023 Britain’s financial watchdog said on Thursday it was having to “push back” against some investment funds that misleadingly attempt to...