EU Takes Hard Stance Against Greenwashing

Charlotte, NC, September 25, 2023-“The EU has taken a hard stance against greenwashing under the new Empowering Consumers Directive,” reports Truist. 

“The new directive calls for countries to enact laws that prohibit companies from making certain claims about their climate impact when it is based on offsetting emissions. The Environmental Coalition on Standards said that such claims were misleading to consumers and also called on the EU to ensure that climate-based claims on products were also not linked to carbon credits or contributions to sustainability projects.”