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The Guardian - AU
The Guardian - AU
Environment
Petra Stock

Santos figured out net zero roadmap ‘literally on the fly’, court hears in world-first greenwashing case

Santos logo
Australian oil and gas producer Santos has been accused of misleading investors by positioning itself as a ‘clean fuels company’ in a landmark federal court case. Photograph: Jason Reed/Reuters

Santos misled investors by positioning itself as a “clean fuels company” with a credible net zero plan, the Australasian Centre for Corporate Responsibility (ACCR) has alleged in closing remarks to a world-first greenwashing case.

Noel Hutley SC, representing ACCR, said the case was about protecting the public interest by “ensuring that commitments by Australian companies regarding climate change are reasonably based and not misleading”.

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