• ESG

Shell, Petronas, Repsol ads banned over greenwashing

Ban follows landmark ruling against HSBC for 'misleading' sustainability ads last October

Three ads from Shell, which appeared on TV, YouTube and posters in Bristol during 2022, have been pulled

AFP via Getty Images

The UK advertising watchdog has banned adverts from major oil companies for including misleading information over climate-related claims. 

The Advertising Standards Authority ruled on 7 June that ads by Shell, Repsol and Petronas were likely to mislead consumers by exaggerating the environmental impact of their business activities, which are mostly based around harmful fossil fuels. 

The...