November 7th, 2024
A non-profit organisation has called on Microsoft to acknowledge the risks it faces, including greenwashing, due to its partnerships with fossil fuel-linked companies.
In a filing with …
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October 11, 2024
The Dutch Advertising Committee has ordered MSC Cruises to withdraw its sustainability claims from advertisements, siding with a complaint filed by three environmental organisations.
Dutch activist groups Reclame …
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October 2, 2024
The Competition and Market Authority (CMA) has issued a new compliance guide, pushing fashion brands to review their green claims.
Alongside the release of the compliance guidelines, CMA has also …
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September 27, 2024
The Italian Competition Authority has opened an investigation into global fashion online retailer Shein due to misleading claims about its sustainability practices on the company’s website.
The anti-trust authority’s …
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September 12th, 2024
The Financial Conduct Authority (FCA) has offered firms temporary flexibility to comply with the ‘naming and marketing’ rules under its Sustainable Disclosure Requirements.
The rules require that …
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September 6, 2024
The DC Court of Appeals has revived a lawsuit against Coca-Cola, alleging that the company’s marketing campaigns involved greenwashing, after the case was initially dismissed.
The international environmental organisation Earth Island …
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Major companies falling short on nature assessments
August 14th, 2024
The majority of companies are failing to evaluate and measure their impact and dependence on nature.
The World Benchmarking Alliance (WBA) Nature Benchmark, which assesses more than 800 companies, …
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Mercer faces $11.3m penalty over greenwashing
Augusr 7th, 2024
The Australian Securities and Investments Commission’s (ASIC) case against Mercer Superannuation (Australia) has led to the Australian Federal Court fining the firm $11.3 million.
In the landmark case, ASIC’s first …
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ESMA releases opinion on sustainability framework
July 30th, 2024
The European Securities and Markets Authority (ESMA) has published an opinion on the EU’s Sustainable Finance Regulatory Framework, calling for long-term improvements.
The financial markets regulator said that while the framework …
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CFA warns changes needed to EU regulatory framework
July 12th, 2024
The Chartered Financial Analyst (CFA) Institute has urged the European Union (EU) to address the challenge of unreliable ESG data and mitigate greenwashing risks in its ESG regulatory framework.…
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