Multiple news outlets recently reported that the activist group Mighty Earth filed a whistleblower tip, which it styled as an informal complaint, urging the SEC to investigate whether a multinational food company (the “offeror”) fraudulently misled investors in connection with multiple offerings of more than $3 billion worth of so-called “green bonds.” The SEC investigates whistleblower tips privately, and thus the public usually never hears about them. Mighty Earth described the complaint on its website, however, making it one of the first “greenwashing” complaints known to have been lodged with the SEC. Mighty Earth appears to dispute the veracity of statements calling at least one of the issuances “sustainability-linked” and “aligned” with the offeror’s “ambition to achieve net-zero greenhouse gas emissions by 2040 and its commitment to reduce greenhouse gas emissions in its operations by 30% by 2030.”
Mighty Earth alleges, among other things, that the offeror’s statements about its environmental goals were fraudulent, as evidenced by purported increases, not decreases, in the offeror’s greenhouse gas emissions. According to Mighty Earth’s website, the offeror also misled investors by failing to disclose the true number of animals it slaughters each year, thereby depriving investors of information needed to accurately assess the offeror’s sustainability claims. Mighty Earth’s website states:
[The offeror’s] greenwashing achieved its desired effect: the [offeror]...
Published on April 28, 2026 In a determined effort to protect the reputation of one of Africa’s most iconic wildlife destinations, Kenya’s Tourism Regulatory Authority has strongly denied false cl...