Danone settles France plastic lawsuit with NGOs [Yahoo! Finance]
DANONE S/ADR (DANOY)
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Source: Yahoo! Finance
ClientEarth, Surfrider Foundation Europe and Zero Waste France launched legal proceedings against the French dairy and drinks giant in January 2023, claiming Danone was not doing enough to reduce its use of plastic across its supply chain. The three groups called for greater transparency from the Paris-headquartered company on its plastic footprint and a ‘de-plastification' plan. In 2022, the three NGOs had already sent legal warnings to the Evian bottled water maker, alongside the French arms of Nestle and McDonald's, regarding "alleged inadequate acknowledgement and management of plastic pollution" in their businesses. The coalition filed its lawsuit in 2023 at the Judicial Court of Paris, in which it said Danone must comply with the French duty of vigilance law, which holds large corporations to account over their environmental impact. Under the agreement established on Friday (21 February), Danone said it is "reinforcing the vigilance plan" by providing "a more detailed d
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