'Climate washing' lawsuits jump as more activists challenge corporate claims, report shows | Business

  • 📰 News24
  • ⏱ Reading Time:
  • 41 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 20%
  • Publisher: 80%

Business Business Headlines News

Business Business Latest News,Business Business Headlines

'Climate washing' litigation has risen sharply in the last two years as environmental groups and governments grow frustrated with corporate claims about their contribution to tackling climate change, a report published on Thursday showed.

"Climate washing" litigation has risen sharply in the last two years.

The report, compiled by London's Grantham Research Institute on Climate Change and the Environment, defines 'climate washing' as cases that challenge companies, and occasionally governments, over misinformation or misleading green claims. "One of the most significant groups of climate-washing cases to emerge in recent years have been cases challenging the truthfulness of corporate climate commitments, particularly where these are not backed up by adequate plans and policies," the report authors, Joana Setzer and Kate Higham, said.

The cities of Paris and New York last year joined a coalition of associations and local authorities suing French multinational TotalEnergies for failing to fight climate change adequately, litigation the oil major said it regretted.

 

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:

 /  🏆 4. 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.

'Not an option': Post Office's provisional liquidators blast state's business rescue plan | BusinessThe provisional liquidators overseeing the SA Post Office have come out against a plan put forward by the Department of Communications and Digital Technologies to place the struggling entity in business rescue. | News24_Business
Source: News24 - 🏆 4. / 80 Read more »

SA must do more to empower women in business - Mashatile | BusinessDeputy President Paul Mashatile delivered the keynote address to the annual Black Business Council dinner on Friday, highlighting the success of BEE initiatives but lamenting the ongoing lower participation of women in the economy. | News24_Business
Source: News24 - 🏆 4. / 80 Read more »

Business can assist in tackling crime, CEO tells Black Business Council summitCrime is costing companies billions in additional security, repairs to damaged infrastructure and the replacement of stolen goods, but business 'can assist government in tackling the scourge'.
Source: TimesLIVE - 🏆 28. / 59 Read more »