The UK government (the “Government”) has long spoken of its commitment to tackling greenwashing and creating the world’s first net-zero emissions financial centre. Read more about this in our client alert on the “Green...more
On 25 October 2022, the Financial Conduct Authority (“FCA”) announced a series of proposed measures aimed at tackling greenwashing. The proposed rules are designed to complement the FCA’s wider commitment to its...more
On 29 July 2022, the UK Competition and Markets Authority (CMA) launched an investigation into three fashion firms over potentially misleading eco-friendly and sustainability claims about their products....more
8/2/2022
/ Advertising ,
Antitrust Provisions ,
Competition ,
Environmental Social & Governance (ESG) ,
False Statements ,
Fashion Industry ,
Greenwashing ,
Marketing ,
Sustainability ,
UK ,
UK Competition and Markets Authority (CMA)
Companies and limited liability partnerships (LLPs) “with the greatest economic and environmental impact” are now subject to the legal requirement to assess their climate risks and disclose climate-related financial...more
Our previous Client Alert of 5 November 2021 discussed the UK government’s policy paper “Greening Finance: A Roadmap to Sustainable Investing” (the “Roadmap”). The Financial Conduct Authority (FCA), on 17 December 2021,...more
On 18 October 2021, HM Treasury published a policy paper called “Greening Finance: A Roadmap to Sustainable Investing (the “Roadmap”), which represents Phase 1 of the UK government’s 2019 Green Finance Strategy. It addresses...more
On January 1, 2021, the UK launched its very own emissions trading scheme (the “UK ETS”) exercising its autonomy since departing the EU. Under this scheme, companies operating in certain sectors can trade emission allowances...more