WebAug 10, 2024 · Many greenwashing cases have been settled for smaller but still significant amounts. Keurig settled a greenwashing suit for $10 million; Sunshine Makers settled a … WebApr 12, 2024 · The 2024 review highlighted an increase in overly promotional and unsubstantiated sustainability-related disclosures and identified greenwashing in core regulatory filings and voluntary filings ...
Climate-washing litigation: legal liability for misleading climate ...
WebJul 19, 2024 · Greenwashing Litigation Under Consumer Protection Laws. ... energy activities as misleading and a significant exaggeration of the oil company’s overall investment activity. 1 In 2024, ... WebJul 5, 2024 · What is Greenwashing Litigation? In a greenwashing lawsuit, plaintiffs accuse a business of making false statements about its ESG practices to appeal to consumer … triggers in azure function
A Different Shade of Greenwashing: US Litigation Over …
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, while also releasing almost 12 million cubic tons of toxic mining waste that polluted … See more In May 2024, the SEC charged investment firm BNY Mellon with making ESG-related material misstatements and omissions. The SEC order … 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 … 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 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 WebFeb 14, 2024 · According to the GRI report, litigation that is aligned with climate objectives is “seeing success” especially in the past 12 months, with cases such as Milieudefensie … WebJul 25, 2024 · On April 28, 2024, the SEC filed a litigated complaint against a Brazilian mining company in the U.S. District Court for the Eastern District of New York, alleging the company violated anti-fraud provisions of the securities laws and made material misrepresentations regarding the safety of its dams. terry bradshaw jersey