Evian maker Danone defeats lawsuit over 'carbon neutral' claim By Reuters
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Nov 18 2024
0mins
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.
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.
