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Group files greenwashing complaint with securities watchdog against Enbridge, Cenovus
- A shareholder advocacy group, Investors for Paris Compliance, has filed a greenwashing complaint with Alberta's securities watchdog against Enbridge Inc. and Cenovus Inc. for misleading investors about their environmental disclosures.
- The group claims that Cenovus and Enbridge breached the Alberta Securities Act with inaccurate and incomplete disclosure regarding their climate commitments.
- Investors for Paris Compliance states that the companies led investors to believe their business models align with the net-zero energy transition, which could threaten their business and fossil fuel expansion plans.
- The group is requesting an investigation by the Alberta Securities Commission into the climate disclosures of both companies to determine their accuracy and adequacy.
24 Articles
24 Articles
A shareholder advocacy group filed a complaint for eco-money laundering with the Alberta Financial Market Supervisory Authority, alleging that Cenovus, one of Canada's largest oil sands producers, and Enbridge, the country's largest crude oil pipeline operator, misled investors in their environmental information.
Greenwashing complaint filed against Cenovus and Enbridge - MoneySense
A shareholder advocacy group has filed a greenwashing complaint with Alberta’s securities watchdog alleging Cenovus Inc. (TSX: CVE), one of Canada’s biggest oilsands producers, and Enbridge Inc. (TSX: ENB), the country’s biggest crude pipeline operator, have misled investors in their environmental disclosures. Investors for Paris Compliance, which seeks to hold publicly traded companies accountable for their climate commitments, argues the comp…
CALGARY — A shareholder advocacy group filed a complaint for eco-money laundering with the Alberta Financial Market Supervisory Authority. It alleges that Cenovus, one of Canada's largest oil sands producers, and Enbridge, the country's largest crude oil pipeline operator, misled investors in their environmental information.
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