French prosecutor investigates greenwashing allegations against TotalEnergies - SABC News - Breaking news, special reports, world, business, sport coverage of all South African current events. Africa's news leader.

  • 📰 SABCNews
  • ⏱ Reading Time:
  • 50 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 23%
  • Publisher: 51%

Business News News

Business Business Latest News,Business Business Headlines

The Nanterre public prosecution office in France is investigating a complaint from environmentalist groups against oil major TotalEnergies over alleged “misleading commercial practices”, it said on Thursday.

[File photo] The TotalEnergies logo sits on the company's headquarter skyscraper in the La Defense business district in Paris, France, March 24, 2022.[File photo] The TotalEnergies logo sits on the company's headquarter skyscraper in the La Defense business district in Paris, France, March 24, 2022.

The Nanterre public prosecution office in France is investigating a complaint from environmentalist groups againstThe investigation was opened in December 2021, on a complaint filed in 2020, but it was only confirmed on Thursday. “This complaint is the subject of an open investigation for misleading commercial practices,” the prosecutor’s office says.

The fact that the prosecutor’s office decided to launch a probe is not in itself an indication that it sees the company as guilty. The probe may eventually lead to a trial or be shelved. There has been a series of civil lawsuits and complaints filed by environmental groups, arguing that TotalEnergies’ public advertising of its climate-friendly investments are misleading given the much larger amount of money the company invests in oil and gas exploration and production.“TotalEnergies implements its strategy in a concrete way-investments, new businesses, significant reduction in greenhouse gas emissions, etc.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 37. in BUSİNESS

Business Business Latest News, Business Business Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Zelenskyy fired 9 top officials after complaints that government members went on vacation and took bribes | Business InsiderThe wave of dismissals comes amid claims of bribery among leaders and criticism levied at two officials who took holidays in Spain and France.
Source: BISouthAfrica - 🏆 34. / 51 Read more »