WebMay 24, 2024 · Climate litigation has notched a number of notable wins in recent months, with a dramatic increase in cases seen targeting a wider variety of private sector and … WebJul 25, 2024 · When a company misrepresents its sustainability or eco-friendly policies, it is referred to as greenwashing, and consumer activists groups are taking action, warn …

Corporate greenwash risks and ESG International Bar Association

WebJul 23, 2024 · Type of greenwashing:false representation of the product Where:USA In May 2024, a class-action lawsuit was filed against Hefty Recycling Bags for the claim that its bags are “designed to handle all types of recyclables”. In May 2024, the SEC charged investment firm BNY Mellon with making ESG-related material misstatements and omissions. The SEC order stated that the investments of certain mutual funds that BNY Mellon managed were represented as having undergone an "ESG quality review." However, the order claimed … See more In April 2024, the SEC charged Vale S.A., a publicly traded mining company based in Brazil, with securities fraud. In January 2024, a dam operated by Vale (the Brumadinho dam in Brazil) collapsed and killed 270 people, … See more As companies are continually pushed to factor ESG considerations into their business operations and investment strategies (whether by law, public pressure, or both), it is likely that the occurrence of … See more Investors filed a class action suit against Danimer Scientific, Inc., a bioplastics company that went public via a business combination with a … See more Another greenwashing suit in the process of being litigated involves a securities fraud class action suit against Exxon Mobil Corp. In an amended complaint filed in Texas in July 2024, … See more green the economy

Greenwashing case against Santos shifts the dial on climate lawfare

WebApr 25, 2024 · Specifically, can we anticipate that private plaintiffs’ lawyers and securities regulators will fix their sights on ESG funds, embracing the greenwashing criticism by … WebApr 11, 2024 · ClientEarth’s head of litigation Gillian Lobo tells edie about how the organisation decides which climate cases to bring forward and what the litigation landscape will look like for the rest of the year. ... and challenges to companies that greenwash – saying one thing and doing another. ... WebAs part of the European Green Deal, one of the actions of the Circular Economy Action Plan is a proposal for companies to substantiate their environmental claims using robust, science based and verifiable methods. The green claims proposal is closely linked to other EU policies. empowering consumers for the green transition. fnb pittsburgh login