Can law suits help cut carbon emissions? | LSE Business Review
Law suits are increasingly used to target "climate-washing", which deters misinformation. But further research is needed to see if they help reduce emissions.
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Law suits are increasingly used to target "climate-washing", which deters misinformation. But further research is needed to see if they help reduce emissions.
New EU legislation aimed at curbing greenwashing should serve as a warning to companies as to the dangers of overzealous environmental statements.
With the global rise of greenwashing penalties and civil litigation, companies need to question if sustainability and ESG reports are currently worth the legal risk
The EU has reached an agreement to amend consumer rights laws to prevent greenwashing. If approved, the U.S. may follow their lead.
The SEC's new rule requires ESG funds to be 80% aligned with stated goals. Already underperforming, this could make ESG funds no longer viable.