UK Watchdog Bans Major Energy Companies Greenwashing Ads
The UK's Advertising Standards Authority (ASA) has banned advertisements by major oil and gas companies
The UK's Advertising Standards Authority (ASA) has banned advertisements by major oil and gas companies, including Shell, Repsol, and PETRONAS, for engaging in greenwashing practices. The misleading ads made the companies appear more sustainable than they truly are.
The banned ads failed to disclose the larger polluting operations of these companies while highlighting their "green" offers and goals. These landmark rulings are expected to set a precedent on greenwashing and how energy companies can promote their businesses.
✅ At FINGREEN AI, we are committed to fighting Greenwashing by making ESG data reporting accessible and transparent.
📰 To read the full article by the Financial Times : https://lnkd.in/esvPpsh5