The range of agencies tackling greenwashing is indicative of its ambiguity and breadth. Dubious sustainability claims can be found in TV commercials, print ads, online ads, product descriptions and on packaging, not all of which are regulated by the same bodies.
Tag: greenwashing
A Greenwashing Lawsuit Against Delta Aims to Set a Precedent
Delta’s commitment to “becoming the world’s first carbon-neutral airline on a global basis” is the focal point of a class-action lawsuit arguing that its claims amount to little more than greenwashing.
A Class-Action Wave Is Coming for ESG Claims
As corporate disclosure requirements tighten around the world, lawyers are bracing for an increase in ESG-related cases.
The SEC Goes After Greenwashing by Fund Managers
The party may be over for all of the greenwashers on Wall Street. There is now little doubt that the U.S. Securities and Exchange Commission is serious about cracking down on misleading claims made by ESG fund managers. Last month, the Securities and Exchange Commission fined a Bank of New York Mellon Corp. investment unit… Continue reading The SEC Goes After Greenwashing by Fund Managers