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 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
The key aspects of the German Act on Corporate Due Diligence Obligations in Supply Chains ("LkSG" or "Act") have already been explained in our previous Client Alert. In the following, we will take a closer look at the...more