June 2024 Newsletter
50 Shades of Greenwashing: Talk Clean, Act Dirty
50 Shades of Greenwashing: Talk Clean, Act Dirty
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Plant-milk brand Oatly recently made headlines after agreeing to a USD 9.3 million greenwashing settlement for a lawsuit alleging that the company artificially inflated its stock price with false sustainability claims. Oatly raised USD 1.43 billion in its 2021 IPO and its USD 17 price tag gave the company a valuation of USD 10 billion. The stocks surged…