News & Analysis as of October 19, 2024

European Commission

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The European Union is an economic and political partnership comprised of 27 nations within the Eurozone. The EU was established in 1948 to promote stability and cooperation among member states in the aftermath of WWII. The EU maintains a common currency as well as several intranational institutions, including the European Parliament and the European Commission. less -

Lawn and Order: Major Steps Against Greenwashing in Europe

K&L Gates LLP on 8/5/2024

A new and powerful wave of “greenwashing” bans will sweep the European Union (EU) shortly. The EU’s Green Claims Directive and Greenwashing Directive (together, the Green Directives) are key legislative tools being introduced...more

Sustainability/ESG Policy and Regulatory Update

Akin Gump Strauss Hauer & Feld LLP on 8/2/2024

Key topics in Akin’s July 2024 Sustainability/ESG Policy and Regulatory Update include: Updated Assessment of SFDR by EU Regulators: The European Supervisory Authorities have proposed changes to the Sustainable Finance...more

Cadwalader Climate - May 2024 #2

Cadwalader, Wickersham & Taft LLP on 5/14/2024

In this week’s edition, the European Commission contacted 20 airlines requiring them to address potentially misleading or inaccurate green claims. The International Sustainability Standards Board (ISSB) launched its digital...more

EU Commission Consultations on SFDR

Jones Day on 12/4/2023

On September 14, 2023, the European Commission launched two consultations on the implementation of the Sustainable Finance Disclosures Regulation ("SFDR"): One targeted at public bodies and expert stakeholders, and one aimed...more

The European Green Bond Standard - The New Green Bond “Gold Standard”?

Latham & Watkins LLP on 11/9/2023

The European Green Bond Standard seeks to be the “gold standard” for green bonds and reinforce the EU’s position as the leading market for sustainable finance. With the adoption of the EU green bond standard (the EU GBS),...more

Consumers Accuse European Airlines of Greenwashing, Claiming “Green” Air Travel Does Not Exist

Cadwalader, Wickersham & Taft LLP on 7/11/2023

On June 6, 2023, the BEUC and 23 of its member organizations from 19 countries filed a complaint with the European Commission and relevant consumer protection agencies pursuant to Directive 2005/29/EC, accusing 17 European...more

EU ESG Framework – latest developments and further clarifications on greenwashing and sustainable investments

Paul Hastings LLP on 7/5/2023

Over the last few months, the European Commission and the European Supervisory Authorities (“ESAs”) have published a number of press releases and reports that aim to clarify and provide further updates on concepts used within...more

Green Claims update - Green Claims Directive Proposal - Sustainable Products Regulations

Hogan Lovells on 6/21/2023

The European Commission has presented its long-awaited proposal for a Directive on substantiating environmental claims on March 22, 2023 which is intended to apply to all voluntary green claims covering not only texts, but...more

EU Green Claims Directive Proposal

Jones Day on 5/26/2023

On March 22, 2023, the European Commission published a proposal for a new EU directive on the substantiation and communication of explicit environmental claims (the "Proposal"). This Proposal sets out specific rules for...more

ESG liability and litigation risks with a focus on Germany: Greenwashing

White & Case LLP on 5/23/2023

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

European Commission publishes proposal for the Green Claims Directive

A&O Shearman on 5/18/2023

It’s not easy being green: the European Commission has published its long-awaited proposal for the Green Claims Directive to enhance consumer protection against greenwashing....more

European Commission moves forward in efforts to promote product repairability and tackle greenwashing

Hogan Lovells on 4/18/2023

On 22 March 2023, the European Commission put forward two proposals which share a common objective: the promotion of sustainable consumption. The Right to Repair Directive will make it more attractive for consumers to have...more

EU proposes Green Claims Directive to combat greenwashing

White & Case LLP on 4/17/2023

The European Commission has proposed a directive on regulating so-called 'Green Claims', that lays down detailed rules on the substantiation, communication and verification of voluntary environmental claims and environmental...more

NGOs Urge EC Not to Label Certain Agriculture and Livestock Practices as Sustainable

Cadwalader, Wickersham & Taft LLP on 4/10/2023

On March 8, 2023, 25 organizations wrote to the European Commission concerning its treatment of agriculture in the forthcoming Taxonomy Delegated Act, urging them to follow the advice published by their own expert group. The...more

Focus on Greenwashing: The Latest Regulatory Proposals in the EU and the UK

Latham & Watkins LLP on 4/7/2023

The latest proposals show the direction of travel in the increasingly expanding web of consumer protection regulation on sustainable products and initiatives. Background - The European Green Deal, presented by the...more

European Digital Compliance: Key Digital Regulation & Compliance Developments - March 2023

Morrison & Foerster LLP on 4/6/2023

To help organizations stay on top of the main developments in European digital compliance, Morrison Foerster’s European Digital Regulatory Compliance team reports on some of the main topical digital regulatory and compliance...more

Brussels Regulatory Brief: March 2023

K&L Gates LLP on 3/31/2023

Antitrust and Competition - Global Dawn Raids Signal Increased Antitrust Enforcement to Uncover Potential Cartel Behavior in the Fragrance Industry - On 7 March 2023, the European Commission (Commission), the United...more

Think before you claim “green”: the EU’s new Green Claims Directive

Cooley LLP on 3/31/2023

On the 23 March 2023, the European Commission proposed a new Green Claims Directive (the “Directive“). If adopted, the Directive will have a huge impact on businesses making green claims on the products they sell in the EU. ...more

Croatia, Hungary and Portugal Referred to the Court of Justice of the European Union by the European Commission

Cadwalader, Wickersham & Taft LLP on 3/6/2023

On February 15, 2023, the European Commission referred Croatia, Hungary, and Portugal to the Court of Justice of the European Union for failing to transpose the EU’s Renewable Energy Directive (Directive) into national...more

Corporate Sustainability Reporting: New EU rules for large companies and listed SMEs

White & Case LLP on 12/19/2022

The Corporate Sustainability Reporting Directive ("CSRD") was published in the Official Journal of the European Union on 16 December 2022, having been formally adopted by the European Parliament and Council of the European...more

It’s Not Easy Being Green: Companies Need to Be Careful Making Sustainability and Green Claims Without Substantiation

ArentFox Schiff on 3/29/2021

In an attempt to align with their clients’ values, a growing number of businesses are selling products that are “ethically” sourced or “sustainable.” Both the US and the EU have started to monitor such claims and take...more

It’s Not Easy Being Green: Fashion Companies Need To Be Careful Making Sustainability and Green Claims Without Substantiation

ArentFox Schiff on 3/25/2021

In an attempt to align with their clients' values, fashion companies have tried to manufacture and produce clothing that is ethically made and sustainable. Both the US and the EU have started to monitor such claims and...more

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