- Chief Compliance Officer and VP of Legal Affairs, Arrow Electronics
By Aaron Nicodemus2023-01-24T21:31:00
Brazilian meat processing company JBS faces accusations of issuing $3.2 billion worth of “misleading and fraudulent” sustainability bonds in a whistleblower complaint filed with the Securities and Exchange Commission (SEC).
Mighty Earth, an environmental advocacy group, said in a Jan. 17 press release it filed the complaint alleging JBS engaged in greenwashing with the bonds, which were issued in 2021. Mighty Earth said its SEC whistleblower complaint is the first issued against a sustainability-linked bond.
The complaint, which Compliance Week viewed, said the value of JBS’s sustainability-linked bonds, also known as “green bonds,” are tied to the company’s promise to reduce its overall greenhouse gas (GHG) emissions and its goal to become “net zero” by 2040.
2024-07-16T16:48:00Z By Aaron Nicodemus
Anonymous employees of OpenAI accused the company of requiring employees to sign nondisclosure agreements (NDAs) that “prohibited and discouraged” them from reporting securities law violations to federal regulators.
2024-02-29T20:54:00Z By Kyle Brasseur
Two U.S. subsidiaries of Brazilian meat processing company JBS are the subject of a lawsuit filed by the New York attorney general accusing the businesses of using misleading statements and marketing regarding their environmental commitments.
2023-12-12T20:25:00Z By Kyle Brasseur
Consumer goods company Unilever will be scrutinized by the U.K. Competition and Markets Authority regarding its marketing of certain products as environmentally friendly.
2025-05-23T18:33:00Z By Aaron Nicodemus
The Department of Justice and Federal Trade Commission have bolstered a conservative legal effort to dismantle environmental, social, and governance-based investment strategies from three large asset managers by claiming they illegally conspired to artificially raise energy prices.
2025-05-06T11:30:00Z By Aaron Nicodemus
In support of President Donald Trump’s deregulation agenda, U.S. Department of Justice sued four states in its ongoing attempt to derail state efforts to force energy companies to pay for damage they caused to the environment.
2025-04-10T18:00:00Z By Aaron Nicodemus
President Donald Trump has issued an executive order slamming state-led efforts to address climate change, reduce greenhouse gas emissions, and other environmental, social, and governance (ESG)-related laws.
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