EU to propose clampdown on companies using fake 'green' claims | Business

The European Commission wants to stamp out misleading green labels for products.

The European Union is set to propose on Wednesday new requirements on companies seeking to promote goods sold in Europe with labels like"natural","climate neutral" or having"recycled content". An accredited verifier - independent of the company - would then need to check the claim, before a company can publicly use it. Companies that make climate-friendly claims without proof could face financial penalties.Greenwashing is rampant in Europe, by the EU's own analysis. A Commission assessment of 150 claims about products' environmental characteristics in 2020 found that most - 53% - provided"vague, misleading or unfounded information".

The proposal would cover all consumer products sold in the EU, unless they are covered by existing EU laws that regulate certain labels - for example, organic-labelled food.An overview of the challenges and opportunities of the climate crisis, as it changes the world we know.Campaign groups welcomed the draft plan as a step forward from the largely unregulated proliferation of green claims today.

France Dernières Nouvelles, France Actualités

Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.

Business Maverick: The case for European banking stocks just got a complete resetThanks to swift central bank action to stamp out financial sector troubles, the investment case for European bank shares could be set for a complete reset. One where bulls are back in charge. 𝑴𝒚 𝒇𝒂𝒎𝒊𝒍𝒚 𝒂𝒏𝒅 𝑰 𝒂𝒓𝒆 𝒔𝒎𝒊𝒍𝒊𝒏𝒈 𝒃𝒆𝒄𝒂𝒖𝒔𝒆 𝒊𝒕'𝒔 𝒃𝒆𝒆𝒏 𝒔𝒐 𝒃𝒆𝒏𝒆𝒇𝒊𝒄𝒊𝒂𝒍 𝒕𝒓𝒚𝒊𝒏𝒈 𝒔𝒐𝒎𝒆𝒐𝒏𝒆 𝒏𝒆𝒘.𝑻𝒉𝒆 𝒔𝒕𝒆𝒑 𝒘𝒆 𝒕𝒐𝒐𝒌 𝒘𝒂𝒔 𝒎𝒐𝒓𝒆 𝒃𝒆𝒕𝒕𝒆𝒓 𝑮𝒐𝒅 𝒃𝒍𝒆𝒔𝒔 𝒚𝒐𝒖 and your company. TylerScottFx
La source: dailymaverick - 🏆 3. / 84 Lire la suite »

OUTsurance's Australian business streaks ahead, with international operations set to overtake SA | BusinessOUTsurance's Australian business now writes more premiums than its short-term insurance business in SA, despite being ten years younger. | News24_Business _Business It’s easy to understand why. In Australia it is mandatory to have car insurance while in South Africa it’s not. That’s why only 30% of cars on the road are insured. _Business SA economy is in the tanker. go elsewhere is the message.
La source: News24 - 🏆 4. / 80 Lire la suite »

WATCH: What is driving SA’s labour market dynamics?Business Day TV speaks to Business Day companies editor Kabelo Khumalo
La source: BDliveSA - 🏆 12. / 63 Lire la suite »

MARKET INQUIRY: Competition Commission puts global digital media platforms under content use scrutinyThe commission has announced the terms of reference for a market inquiry into the distribution of content on digital platforms. This could mean Facebook, Google and other tech giants may have to pay for the privilege of running content on their sites.
La source: dailymaverick - 🏆 3. / 84 Lire la suite »