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UK COMPETITION AND MARKETS AUTHORITY REMINDS FASHION RETAILERS THAT IT’S NOT SO EASY TO CLAIM YOU’RE GREEN

The UK Competition and Markets Authority (“CMA“) has announced that three fashion retailers have signed voluntary undertakings to ensure that consumers have a clearer idea of how green their clothes really are. At the end of March 2024, ASOS, Boohoo and George at Asda committed to only make green claims about their products that are accurate, clear and not misleading….

UK COMPETITION AND MARKETS AUTHORITY REMINDS FASHION RETAILERS THAT IT’S NOT SO EASY TO CLAIM YOU’RE GREEN

The UK Competition and Markets Authority (“CMA“) has announced that three fashion retailers have signed voluntary undertakings to ensure that consumers have a clearer idea of how green their clothes really are. At the end of March 2024, ASOS, Boohoo and George at Asda committed to only make green claims about their products that are accurate, clear and not misleading….

UK COMPETITION AND MARKETS AUTHORITY REMINDS FASHION RETAILERS THAT IT’S NOT SO EASY TO CLAIM YOU’RE GREEN

The UK Competition and Markets Authority (“CMA“) has announced that three fashion retailers have signed voluntary undertakings to ensure that consumers have a clearer idea of how green their clothes really are. At the end of March 2024, ASOS, Boohoo and George at Asda committed to only make green claims about their products that are accurate, clear and not misleading….

UK Financial Conduct Authority publishes finalised guidance on its Anti-Greenwashing rule

On 23 April 2024, the UK’s Financial Conduct Authority (“FCA“) published its “Finalised non‑handbook guidance on the Anti‑Greenwashing Rule (FG/24/3)” (the “Guidance“). The FCA has published the Guidance to help in-scope firms understand and comply with the anti-greenwashing rule, which will come into effect on 31 May 2024. Background The anti-greenwashing rule is part of a package of measures that…

UK Financial Conduct Authority publishes finalised guidance on its Anti-Greenwashing rule

On 23 April 2024, the UK’s Financial Conduct Authority (“FCA“) published its “Finalised non‑handbook guidance on the Anti‑Greenwashing Rule (FG/24/3)” (the “Guidance“). The FCA has published the Guidance to help in-scope firms understand and comply with the anti-greenwashing rule, which will come into effect on 31 May 2024. Background The anti-greenwashing rule is part of a package of measures that…

UK Financial Conduct Authority publishes finalised guidance on its Anti-Greenwashing rule

On 23 April 2024, the UK’s Financial Conduct Authority (“FCA“) published its “Finalised non‑handbook guidance on the Anti‑Greenwashing Rule (FG/24/3)” (the “Guidance“). The FCA has published the Guidance to help in-scope firms understand and comply with the anti-greenwashing rule, which will come into effect on 31 May 2024. Background The anti-greenwashing rule is part of a package of measures that…

Climate on the up Down Under

Industry pundits make the case for why Australia is on its way to becoming a climate leader. If one thing is clear by now when it comes to the climate crisis, it’s that investors cannot solve it on their own. Policies, regulations and wider laws are among the many elements that set the path and guide them on their journey…

UNEP FI Risk Centre Bridges Theory and Practice

The resource builds on existing climate and nature-risk related programmes, aiming to encourage a more holistic approach to sustainability challenges. The UN Environment Programme Finance Initiative’s (UNEP FI) has opened a new risk centre centralising its resources on climate and nature risks, aiming to help members better identify and manage the ones that are financially material. The centre will offer…

UNEP FI Risk Centre Bridges Theory and Practice

The resource builds on existing climate and nature-risk related programmes, aiming to encourage a more holistic approach to sustainability challenges. The UN Environment Programme Finance Initiative’s (UNEP FI) has opened a new risk centre centralising its resources on climate and nature risks, aiming to help members better identify and manage the ones that are financially material. The centre will offer…

UNEP FI Bridges Theory and Practice

New risk centre builds on existing climate and nature risk programmes, encouraging a holistic approach to sustainability challenges. The UN Environment Programme Finance Initiative’s (UNEP FI) has opened a new risk centre centralising its resources on climate and nature risks, aiming to help members better identify and manage the ones that are financially material. The centre will offer an integrated…