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Invesco pays $17.5m to settle SEC’s greenwashing probe
The SEC accused the asset manager of being misleading in its statements and marketing regarding “ESG-integrated” assets.
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SEC charges ESG RIA WisdomTree over inadvertent tobacco, fossil fuel investments
The charges arise from prospectuses stating that the company would exclude ESG-negative industries from its investments.
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Key themes from the PRI in Person Conference in Toronto
Responsible investment with key achievements and progress applauded but speakers flag ongoing challenges including geopolitical risk.
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Global report on greenwashing hints at turning tide
A decrease in greenwashing cases for the first time in six years, but severity of incidents is on the rise says RepRisk annual report.
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Agencies bring civil, criminal charges for firm’s massive carbon credit frauds
By manipulating data, QCQ Impact Investors was able to accumulate millions more in carbon credits than otherwise allowed.
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ASIC roundup: record fine for Macquarie Bank, and A$12.9m greenwashing penalty
The Australian Securities & Investments Commission’s latest actions and news, September 23 – 27, 2024.
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Keurig fined $1.5m over its K-cup recyclability claims
The SEC said the company failed to disclose that two of the largest US recyclers told Keurig they didn’t intend to accept the coffee pods for recycling.
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DC appeals court’s noteworthy interpretation of ‘greenwashing’ in Coca-Cola case
DC Court of Appeals makes aspirational statements of sustainability potentially deceptive and misleading.