Green groups dob in Glencore for ‘greenwashing’

Green groups have made a formal “greenwashing” complaint urging corporate regulators to investigate Glencore for alleged “misleading and deceptive” conduct linked to the coal miner’s claims about cutting carbon emissions.

The groups have asked the Australian Consumer and Competition Commission and the Australian Securities Investment Commission to investigate 12 statements – amounting to six “misrepresentations” – by Glencore about its plans to reach net zero emissions by 2050.