The new Ecodesign for Sustainable Products Regulation1 ("ESPR"), which entered into force on 18 July 2024, is set to significantly reshape the regulatory landscape for companies operating in the European Union ("EU"). As part...more
In recent years, sustainability and ESG compliance have become pivotal factors in consumer purchasing decisions. The luxury fashion industry, as a significant contributor to CO2 emissions, faces increasing scrutiny in this...more
11/26/2024
/ Australia ,
Carbon Emissions ,
Commercial Litigation ,
Competition ,
Disclosure Requirements ,
Environmental Social & Governance (ESG) ,
EU ,
Fashion Industry ,
France ,
Germany ,
Greenwashing ,
Italy ,
Legislative Agendas ,
Luxury Goods ,
Popular ,
Regulatory Agenda ,
Reporting Requirements ,
Sustainability ,
UK ,
United States
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