Current:Home > StocksLawyers Challenge BP Over ‘Greenwashing’ Ad Campaign -Wealth Pursuit Network
Lawyers Challenge BP Over ‘Greenwashing’ Ad Campaign
View
Date:2025-04-17 13:04:05
Environmental lawyers have made their boldest move to date against “greenwashing” in advertising campaigns by oil and gas companies.
ClientEarth, a non-profit legal group, submitted an official complaint under international guidelines on Tuesday arguing that the oil giant BP is misleading consumers about its low-carbon credentials in recent advertisements—the company’s first global campaign in 10 years.
The ads, which emphasize BP’s role in the transition to cleaner energy, create a “potentially misleading impression” that distracts the public from their core business of hydrocarbons, ClientEarth said.
“BP is spending millions on an advertising campaign to give the impression that it’s racing to renewables, that its gas is cleaner and that it is part of the climate solution,” said Sophie Marjanac, a lawyer at ClientEarth. “This is a smokescreen.”
The complaint, submitted to the British authority that handles alleged breaches of rules on corporate conduct set by the OECD, the organization of leading world economies, focuses on the oil major’s “Keep Advancing” and “Possibilities Everywhere” advertising campaigns shown digitally and across billboards, newspapers and television in the UK, the United States and Europe.
If successful, the OECD could call upon BP to take down its ads or to issue a corrective statement.
Duncan Blake, director of brand at BP, told the Financial Times this year that the company sought to focus not just on the “new, interesting shiny stuff but the core business that keeps the world moving day to day.”
BP’s Message: More Energy, Lower Emissions
Critics have said the majority of the ads give the impression that BP is seeking to burnish its green credentials without any meaningful change to how it conducts its operations.
The energy major has invested in solar power, wind farms and biofuels and used its venture capital arm to plough cash into low-carbon technologies. But its traditional businesses still generate the biggest returns and attract the most spending.
“While BP’s advertising focuses on clean energy, in reality more than 96 percent of the company’s annual capital expenditure is on oil and gas,” Marjanac said.
BP in recent years has focused its messaging on the “dual challenge” of providing the world with more energy while reducing emissions.
The company said that it “strongly rejects” the suggestion that its advertising is misleading and that “one of the purposes of this advertising campaign is to let people know about some of the possibilities” to advance a low-carbon future.
Other Oil Majors’ Claims Also Challenged
It will be up to Bernard Looney, who is set to take over from Bob Dudley as chief executive of BP in early 2020, to spell out what this means for corporate strategy.
Other oil majors have also been challenged over misleading advertising. In September, the UK Advertising Standards Authority told Equinor, the Norwegian energy company, not to imply that gas is a “low-carbon energy” source.
To address “greenwashing” more broadly, ClientEarth said it was launching a campaign calling on the next UK government to require tobacco-style labels warning that fossil fuels contribute to climate change on all advertising by oil companies.
© The Financial Times Limited 2019. All Rights Reserved. Not to be further redistributed, copied or modified in any way.
veryGood! (2764)
Related
- EU countries double down on a halt to Syrian asylum claims but will not yet send people back
- Sean Diddy Combs Allegedly Forced Victims Into Drug-Fueled Freak-Off Sex Performances
- Horoscopes Today, September 16, 2024
- Judge finds man incompetent to stand trial in fatal shooting of Cleveland police officer
- Are Instagram, Facebook and WhatsApp down? Meta says most issues resolved after outages
- A man accused of stalking UConn star Paige Bueckers is found with an engagement ring near airport
- 2 former NYFD chiefs arrested in ongoing federal corruption investigation
- Édgar Barrera, Bad Bunny and Karol G lead the 2024 Latin Grammy nominations
- All That You Wanted to Know About She’s All That
- US retail sales ticked up last month in sign of ongoing consumer resilience
Ranking
- New data highlights 'achievement gap' for students in the US
- Walmart heiress Alice Walton is once again the richest woman in the world, Forbes says
- Officials release new details, renderings of victim found near Gilgo Beach
- Pregnant Mandy Moore Says She’s Being Followed Ahead of Baby No. 3’s Birth
- Small twin
- Webb telescope captures outskirts of Milky Way in 'unprecedented' detail: See photo
- 90 Day Fiancé’s Big Ed Brown Engaged to Porscha Raemond 24 Hours After Meeting at Fan Event
- Artem Chigvintsev's Lawyer Says He and Nikki Garcia Are Focused on Co-Parenting Amid Divorce
Recommendation
Biden administration makes final diplomatic push for stability across a turbulent Mideast
Brackish water creeping up the Mississippi River may threaten Louisiana’s drinking supply
T-Mobile sends emergency alert using Starlink satellites instead of relying on cell towers
Hawaii’s Kilauea volcano is erupting again in a remote part of a national park
Don't let hackers fool you with a 'scam
Yes, mangoes are good for you. But here's why you don't want to eat too many.
Trump rolls out his family's new cryptocurrency business
Not-so-great expectations: Students are reading fewer books in English class