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0.000167856147281814 0.000242791927318468 -0.000356694312973696 -0.00050656587304679 -0.000572509359478764 0.00226605798830407 0.00106708550771995 -5.69511928277204E-05
Stock impact report

Nestlé sued for alleged greenwashing in Poland [Yahoo! Finance]

Coca-Cola Company (The) (KO) 
Last coca-cola company (the) earnings: 4/21 05:55 am Check Earnings Report
US:NYSE Investor Relations: coca-colacompany.com/investors
Company Research Source: Yahoo! Finance
The company is being sued by environmental charity ClientEarth, who accuses it of “misleading” consumers through slogans. The lawsuit was filed yesterday (17 September) with the Regional Court in Warsaw. The key points of concern were slogans like “I am 100% made of recycled PET plastic (not applicable to the cap and the label),” “I am made from another bottle,” and “I am recyclable.” ClientEarth argues that these slogans create a “false” impression that single-use plastic has no environmental impact. The charity is demanding that Nestlé Poland cease using these claims, stating they violate consumer protection law. Just Drinks has approached Nestle for comment Prior to the lawsuit, ClientEarth and Nestlé engaged in negotiations but failed to reach an agreement. Nestlé has faced scrutiny over recycling claims in the past as well. In 2023, ClientEarth supported Europe's consumer protection organisation, BEUC, in filing a complaint against Nestlé, Coca-Cola Hellenic Bott Show less Read more
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