Due to the increased importance of sustainability, environmental protection and social factors in recent years, the luxury industry has found itself at a crossroads of tradition and transformation. Once characterized...more
9/3/2024
/ Climate Change ,
Compliance ,
Due Diligence ,
Environmental Social & Governance (ESG) ,
EU ,
False Statements ,
Fashion Industry ,
Greenwashing ,
Human Rights ,
Luxury Goods ,
Misleading Statements ,
Pollution Control ,
Popular ,
Proposed Legislation ,
SFDR ,
Supply Chain ,
Sustainability
The importance of environmental, social, governance ("ESG"), in particular from the perspective of consumers, stakeholders and regulators, is growing across all industries, and the consumer & retail industry is no exception....more
The European Commission ("Commission") is relentless in its fight against Greenwashing and the misrepresentation of sustainability impacts or benefits of a company’s products or actions. Following the global ESG trend and the...more
5/23/2023
/ Advertising ,
Audits ,
Debt ,
Enforcement ,
Environmental Social & Governance (ESG) ,
Equity Securities ,
EU ,
European Commission ,
Germany ,
Greenwashing ,
Investment ,
Liability ,
Misrepresentation ,
Regulatory Requirements ,
Retailers ,
Risk Mitigation ,
SFDR ,
Sustainability ,
Unfair Competition
When two people quarrel, someone else has the last laugh. It remains to be seen whether this saying proves true in the case of the transposition of the EU Directive on representative actions (EU 2020/1828) ("the Directive")...more
At the beginning of September 2021, climate activists affiliated with German NGO Deutsche Umwelthilfe ("DUH") sent pre-action letters to major German car manufacturers Daimler and BMW and to Wintershall, Germany's largest oil...more
9/29/2021
/ Activist ,
Climate Change ,
Environmental Litigation ,
EU ,
European Commission ,
Germany ,
Greenhouse Gas Emissions ,
Manufacturers ,
Motor Vehicles ,
Personality Rights ,
Popular
It took longer than expected, although not primarily because of the COVID-19 pandemic. More than two years after the EU Commission submitted its first proposal, the Directive on representative actions was adopted by the...more