19th January 2024 News

EU Parliament Approves New Law Banning Misleading Product Sustainability Claims

Lawmakers in the European Parliament agreed on adoption of a new anti-greenwashing law banning a series of commercial practices by Voting. It includes the use of unproven generic product claims such as “environmentally friendly,” or “climate neutral,” or marketing a product as having a reduced environmental impact based on the use of emissions offsetting schemes. Read more

320 Companies Commit to Begin Nature-Related Disclosure Based on TNFD Framework

The Taskforce on Nature-related Financial Disclosures (TNFD) announced a commitment by 320 companies and financial institutions to start nature-related corporate reporting, based on the recently released TNFD recommendations at the World Economic Forum’s (WEF), Annual Meeting in Davos, Switzerland. Read more

ESG Chronicle Team