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GREENWASHING PENALTIES
Separate ESG oversight mechanism unlikely for companiesThe government is unlikely to establish a dedicated ESG oversight body, citing existing provisions within the Companies Act. Officials beli...
Legal impact of climate change: What “risk & liability” really means for corporationsInfrastructure projects face new legal risks due to climate change. Courts, regulators, and lenders now expect companies to foresee and man...
Shein, hit with big fines, boosts internal controlsShein is strengthening its controls after a string of fines over data privacy breaches, fake discounts and greenwashing. Executive chairman...
Amend Companies Act to bolster ESG initiatives, set up oversight body: House panel tells MCAA parliamentary panel urges amending the Companies Act to integrate ESG objectives into directors' duties and establish an ESG oversight bo...
How mega-polluters tapped $286 billion in green loansShell, Enbridge, and Drax received discounted sustainability-linked loans (SLLs) from major banks, promising improved environmental practic...
CCPA issues 325 notices for consumer rights violations, imposes Rs 1.19 crore in penaltiesThe Central Consumer Protection Authority (CCPA) has issued 325 notices and imposed penalties totaling Rs. 1.19 crore for consumer rights v...
ASCI half-yearly report reveals major ad violations in digital mediaDigital platforms accounted for 93% of scrutinised ads, with 2,087 ads on the medium flagged for direct legal violations. The top five cate...
Greenwashing rules push startups to reevaluate marketing and packaging strategiesThe Central Consumer Protection Authority (CCPA) on October 15 introduced guidelines that restricted the use of such terms in advertisement...
Don't be fooled: The threat of AI-washing to Indian consumersIndia's consumer market battles AI-washing as stakeholders collaborate for a transparent ecosystem. Responsible AI development and informed...
ET Sustainability Forum: 'Carrot & stick' policy for faster green transitionAs companies across industries grapple with the sustainability ask, top corporate executives and climate experts discuss green adoption at ...
Markets reasonably attractive from a long-term view: Swarup Mohanty of Mirae Asset"When we compare the amount of wealth that investors have lost in last two to three years in India due to governance fiasco, sour relations...
Green shoots growing on the debt marketThe value of green bonds issued so far this year climbed to more than $176 billion, a 26-percent increase from the same period in 2019.