ARTICLE
5 February 2024

Companies Must Prepare 'Scientific Basis' For Sustainability Claims As MEPs Ban Greenwashing

CW
Cadwalader, Wickersham & Taft LLP
Contributor
Cadwalader, established in 1792, serves a diverse client base, including many of the world's leading financial institutions, funds and corporations. With offices in the United States and Europe, Cadwalader offers legal representation in antitrust, banking, corporate finance, corporate governance, executive compensation, financial restructuring, intellectual property, litigation, mergers and acquisitions, private equity, private wealth, real estate, regulation, securitization, structured finance, tax and white collar defense.
Cadwalader partner Duncan Grieve spoke with Lexology Pro about the potential impact of a new EU antigreenwashing law banning the use of unproven, generic claims companies have made, such as...
UK Environment
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Cadwalader partne rDuncan Grieve spoke with Lexology Pro about the potential impact of a new EU antigreenwashing law banning the use of unproven, generic claims companies have made, such as "environmentally friendly" or "climate neutral."

Duncan noted the current business pressures related to the new EU directive. "We are currently seeing an uptick in greenwashing litigation and investigations," he said. "These carry the risk of adverse reputational impact and, in response, many companies are undertaking a comprehensive assessment of any environmental claims, logos or even colours associated with their products and services that could be deemed misleading."

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ARTICLE
5 February 2024

Companies Must Prepare 'Scientific Basis' For Sustainability Claims As MEPs Ban Greenwashing

UK Environment
Contributor
Cadwalader, established in 1792, serves a diverse client base, including many of the world's leading financial institutions, funds and corporations. With offices in the United States and Europe, Cadwalader offers legal representation in antitrust, banking, corporate finance, corporate governance, executive compensation, financial restructuring, intellectual property, litigation, mergers and acquisitions, private equity, private wealth, real estate, regulation, securitization, structured finance, tax and white collar defense.
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