Reported 29 days ago
In a landmark case in Australia, an activist shareholder group has accused natural gas producer Santos Ltd. of misleading investors regarding its climate targets. The Australasian Centre for Corporate Responsibility alleges that Santos breached local laws with its claims of reducing emissions by 30% by 2030 and presenting natural gas as a clean fuel, amidst ongoing debates about natural gas's environmental impact. The court proceedings are set to continue for several weeks.
Source: YAHOO