Australian oil & gas producer Santos Ltd. will be challenged in court on its claim to have a “clear and credible” path to net zero greenhouse gas emissions from its operations, in a case brought by a climate activist group.
The Adelaide-based company engaged in misleading or deceptive conduct when it said in its 2020 annual report that natural gas provides clean energy, the Australasian Centre for Corporate Responsibility alleged in proceedings filed to a federal court on Wednesday. The group also called into question Santos’ plan to reach zero emissions by 2040.
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August 26, 2021 at 02:11PM
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Gas Producer's Net Zero Pledge Challenged in Court by Activist - Bloomberg
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