Advertising Specialty Institute的动态

Alert: ExxonMobil faces legal battles over plastic pollution and climate deception. Company: ExxonMobil Type: Environmental & Governance Event: Lawsuit ESGR Score: On the rise from 7.03 on August 3rd to 9.18 on September 26th ExxonMobil is under fire in California, facing two coordinated lawsuits from the California Attorney General and environmental groups. They allege deceptive marketing, concealment of harm, and violations of nuisance and unfair competition laws. The state’s AG claims include that 92% of plastic waste processed using the company’s chemical recycling technology becomes fuel rather than plastic. The groups are calling for penalties and significant changes to ExxonMobil’s recycling practices. On top of that, ExxonMobil is also dealing with climate-related lawsuits, with the number of cases nearly tripling since 2015. These lawsuits allege greenwashing and the lack of meaningful efforts to reduce emissions. The financial and reputational risks could grow significantly if courts begin to hold the company responsible for the damages linked to climate change. ExxonMobil has pushed back, arguing that their advanced recycling works and that they’re bringing real solutions for reducing plastic waste. Want similar alerts? Get the free demo here: https://lnkd.in/egXkB37q? #YukkaLab #ESG #ESGAlert #ESGRisk

Who can you trust today? Government? Big Business? ExxonMobil Just Got Sued For Lying About Recycling California just filed a first-of-its-kind civil suit against ExxonMobil. California Attorney General Rob Bonta sued the oil giant for “deceiving Californians for half a century through misleading public statements and slick marketing promising that recycling would address the ever-increasing amount of plastic waste ExxonMobil produces.” Honesty is the best policy, after all. https://lnkd.in/gzVfGGEU ExxonMobil, which is the largest investor-owned oil company in the world, is also the largest maker of the polymers used in single-use plastic. Bonta says the company falsely promoted all plastic as recyclable when that is far from the case. #petroleumreputationrisk #ESG #oilcompanyreputation

ExxonMobil's Recycling SCAM Exposed: What You Need to Know! Uncover ExxonMobil's Recycling SCAM Exposed in this jaw-dropping exploration of industry deceit and environmental impacts! Ever wondered if those recycling symbols are more than just an illusion? Delve into the tangled web of plastic promises as California's attorney general takes a stand against ExxonMobil, accusing the oil giant of decades-long misinformation. With vivid storytelling, we unravel the shocking claims that ExxonMobil knowingly fueled a global recycling myth to boost plastic sales, leaving the environment and consumers to bear the brunt of their plastic empire. Immerse yourself in the eye-opening details of California's groundbreaking lawsuit and the implications for global plastic practices. Join us as we dissect ExxonMobil's defense of "advanced recycling" and its real effectiveness in tackling the plastic crisis. Feedback wanted: Are you ready to question the recycling narrative? Leave your thoughts in the comments and spark a conversation that could lead to real change. Don't miss out on future deep dives—subscribe now and become part of the solution! #plasticwaste #climatechange #plasticpollutionsolutions #single-useplastic #lawsuit #lawsuit #plasticwaste #environment #ocean #recycledplastic CHAPTERS: 00:00 - Intro 00:33 - ExxonMobil Updates 03:20 - Environmental Impact of Plastic 07:30 - Solutions to Plastic Pollution 10:20 - Call to Action Subscribe??: https://lnkd.in/gaqY9kRR - Want some Great Buys check out our List: https://lnkd.in/ghHUd-9y - All our links (including those to help with editing): https://sleek.bio/aanews69 - Our Patreon (Great Deal) https://lnkd.in/graqYnj7 - #aanews, #aanews69, #news, via YouTube

CA sues Exxon over #recycling claims. This will be a interesting case to follow. One of the recurring themes that I have heard at #ClimateWeek?is the need for legislation to drive change. Perhaps the courts can drive meaningful change in this arena. #sustainability?Becoming Sustainable https://lnkd.in/eFTtwV4B

Concern about plastics pollution has grown over the years as scientists learned more about its harmful impact on the environment.?So far, much of the effort has centered on recycling, but it turns out much of the waste material is incapable of being recycled. California Attorney General Rob Bonta is suing ExxonMobil, alleging the company misled consumers into believing that recycling was a viable solution for plastic waste. The lawsuit represents a new avenue in the legal fight to hold fossil fuel companies responsible for pollution. As the United Nations General Assembly gather in New York City this week, 175 nations agree to?develop a legally binding agreement on plastic pollution, prompting a major step towards reducing greenhouse gas emissions from plastic production, use & disposal. Exxon is leading a fightback by the petrochemicals industry against plans to cap the production of plastics ahead of UN talks on the first legally binding treaty aimed at cutting pollution. #sustainability #EnvironmentalProtection #ClimateChange

?? ExxonMobil: Ambitions, Accountability, and the Environmental Cost ?? As ExxonMobil eyes India’s energy sector for lucrative opportunities, they are simultaneously facing a monumental lawsuit from the state of California, filed just last month. The accusations? Decades of deceptive practices around plastic recycling. While ExxonMobil claims to have processed 60 million pounds of plastic through advanced recycling, this barely scratches the surface compared to the 50 million tons of plastic waste generated in the U.S. annually. Even more concerning, the process is not only inefficient but harmful, with 92% of plastic waste converted into fuels, which are then burned—adding to carbon emissions. And the staggering environmental toll? Since 1985, 26 million pounds of plastic waste have been collected from California’s beaches, with 81% linked to ExxonMobil’s polymer production. Yet, they continue to lobby against global initiatives, including efforts by the Biden administration to cap plastic production. While they pursue growth in India's untapped energy market, ExxonMobil’s track record and current legal battles reveal a deeper issue: corporate ambitions are often at odds with environmental accountability. This is a critical moment for climate-conscious stakeholders to reflect on how corporate practices are shaping our planet's future. We at Gaialink are committed to calling out these discrepancies and supporting projects that drive real, scalable sustainability solutions. ?? The question is: Will ExxonMobil change course, or will the pursuit of profits continue to outweigh the need for true environmental responsibility? Join us at Gaialink as we foster transparency and support genuine sustainability!?? #Sustainability #PlasticPollution #ClimateAction #CorporateAccountability #GaialinkCommunity #ExxonMobil

Recycling is a #myth. Eventually all plastics go into landfill, incineration or end up into rivers and oceans. We breathe plastics, we eat #plastics, we drink plastics. "California is taking a bold stand against environmental deception by holding ExxonMobil accountable for its alleged role in misleading consumers about plastic #recycling. The state's recent lawsuit highlights a crucial issue: while recycling is often promoted as a key solution to plastic waste, only a small fraction is genuinely recycled. Instead, much of it ends up in our landfills and waterways. California Attorney General Rob Bonta sheds light on these deceptive practices, emphasizing the misleading nature of "advanced recycling" methods that convert plastic into fuel rather than new products. It's vital to confront these realities and work towards more effective recycling strategies that truly benefit our planet. This #lawsuit aims not just to stop false claims but to seek funding from ExxonMobil for tackling plastic pollution, raising public awareness, and supporting microplastics research. With #California spending approximately $1 billion annually on plastic cleanup, the stakes have never been higher. ???? Attorney General Bonta's personal commitment and experiences underscore the importance of taking rigorous actions to create a healthier environment for future generations. Let's come together and push for transparency and real solutions in our fight against plastic pollution." Marcus Rosser on Linkedin. https://lnkd.in/dHuUjgTt

ICYMI: California and environmental groups separately sued ExxonMobil on Monday, accusing the oil giant of misleading the public about the effectiveness of plastics recycling. ? ?? ? ExxonMobil — a major producer of the synthetic substances used to make plastics — has made billions off of plastic bottles, bags and wrappers polluting waterways. (Remember: Plastic is made from FOSSIL FUEL!) ?? As ExxonMobil bumped up production, they also promoted the widely used “chasing arrows” symbol on plastic products, which led buyers to believe that their bottles and other products would be recycled if disposed of properly. But only about 5% of plastic waste in the U.S. is recycled, according to research from Beyond Plastics. Plastic recycling faces economic and technical limitations and can have negative environmental impacts. In a historic move, California made a first-ever attempt by a U.S. government official to hold a fossil fuel company accountable for allegedly lying to the public about the recyclability of plastics. ?? Several environmental non-profits including The Surfrider Foundation, Sierra Club, Heal the Bay, and San Francisco Baykeeper have also filed a lawsuit to hold ExxonMobil accountable claiming that Exxon violated California's nuisance and unfair competition laws by hiding the dangers of single-use plastics. It also alleges that Exxon misled the public into thinking plastic could be easily and safely disposed of through recycling, which has only worsened the plastic pollution crisis.??? Read the full piece from the The New York Times here: https://nyti.ms/3B9Lb9h #PlasticPollutes #BreakFreeFromPlastic #ClimateAction #RefuseSingleUsePlastic

This lawsuit against Exxon for misleading the public about plastic recycling marks a significant turning point. For years, many companies have promoted recycling as the solution to the plastic crisis, when in reality, simply making products recyclable doesn’t ensure they’ll actually be recycled. This sets a strong precedent for businesses marketing their products as "circular" without robust recycling programs in place. Even with solid recovery and recycling processes, it’s important to remember that recycling is far down on the 10Rs framework. More impactful circular solutions are available beyond recycling. This should serve as a wake-up call to companies relying on disposable plastic products – soon, "recycling" won’t be enough. #Sustainability #CircularEconomy #PlasticPollution #ClimateAction

Well done