The Implications of Non-Compliance with Climate Regulation: Lessons from the Total vs. Greenpeace ESG lawsuit
In a landmark decision on March 29, 2024, TotalEnergies lost their ESG lawsuit against Greenpeace over discrepancies in reported carbon emissions. Total claimed emissions of 455 million tons of CO2 equivalent, while Greenpeace's analysis indicated a staggering 1.6 billion tons. This case underscores the critical importance of accurate environmental reporting and the escalating scrutiny businesses face under evolving climate regulations.