Evian maker Danone defeats lawsuit over 'carbon neutral' claim By Reuters
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Nov 18 2024
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Should l Buy ?
Source: Investing.com
Lawsuit Dismissal: Danone successfully had a lawsuit dismissed that challenged its "carbon neutral" claim on Evian water bottles, with a judge ruling that consumers would reasonably check the back label for more information.
Consumer Misunderstanding: Plaintiffs argued they were misled into believing Evian was environmentally friendly due to its labeling, but the court found Danone's claims to be technically true and adequately explained.
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About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
