Login | Join Member | Subscription | Corporate Partnership

UK regulator can fine up to 10% of global turnover for greenwashing

EN
Add to Favorites

(Image: iStock)

In the UK, 40% of large businesses face hefty fines for greenwashing in 2024, as stringent consumer protection regulations implemented by the Competitions and Markets Authority (CMA) and the EU take effect.

“Too broad and vague”

A recent sustainability analysis conducted by the AI-powered compliance platform Compare Ethics shows that businesses are failing to address the real risks, including the rapidly evolving landscape where each sustainability assertion requires thoroughly verification.

To continue reading, subscribe to RECCESSARY
• Unlimited access to all articles across the site
• In-depth analysis of Asia-Pacific renewable energy and carbon markets
• Latest green electricity and carbon price data
• Members-only sustainability policy newsletter
Join 500,000+ green professionals worldwide
Related Topics
Back

More Related News

TOP
Download request

Please fill out the form to download samples.

Name
Company
Job title
Company email
By using this site, you agree with our use of cookies.