Repsol has won a legal battle against Iberdrola concerning accusations of 'greenwashing', as Spanish courts dismissed Iberdrola's lawsuit. This ruling marks a significant moment in the ongoing discourse around corporate sustainability and 'ecopostureo', a term referring to companies' claims of environmental responsibility. The court's decision complicates the use of sustainability claims as competitive tools among firms, emphasizing that being sustainable does not equate to being environmentally neutral. The implications of this ruling extend to the stock market performance of both companies, although specific financial impacts have yet to be detailed.
🔴#Anáilsis | #Repsol gana a #Iberdrola la batalla del "ecopostureo"... ¿y en bolsa? 📈Los tribunales desestiman la demanda de Iberdrola presentada contra Repsol por "greenwashing". ¿Cómo va la batalla de ambas en #bolsa? https://t.co/0MXNoZqJ8p
🔴#Repsol gana a #Iberdrola la batalla del "ecopostureo"... ¿y en bolsa? 📈Los tribunales desestiman la demanda de Iberdrola presentada contra Repsol por "greenwashing". ¿Cómo va la batalla de ambas en #bolsa? https://t.co/0MXNoZqbiR
কেন্দ্রের সঙ্গে আইনি লড়াইয়ে হার! দিল্লি হাইকোর্টের নির্দেশে বিপাকে Reliance @ONGC_ @RIL_Updates #DelhiHighCourt #Zee24ghanta সবিস্তারে পড়ুন.. https://t.co/wNTwwLGqkg https://t.co/Cc8Gx4IuhF