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GREENWASHING GUIDELINES
Shein, hit with big fines, boosts internal controlsShein is strengthening its controls after a string of fines over data privacy breaches, fake discounts and greenwashing. Executive chairman...- Parliament panel pitches for ESG oversight body to combat greenwashing activitiesA Parliamentary panel urges the corporate affairs ministry to establish an ESG oversight body to combat greenwashing and penalize fraudulen...
- CCPA issues 325 notices for consumer rights violations, imposes Rs 1.19 crore in penaltiesThe Central Consumer Protection Authority (CCPA) has issued 325 notices and imposed penalties totaling Rs. 1.19 crore for consumer rights v...
- Gaining customers’ trust vital for ecommerce: Pralhad JoshiThe government believes that consumers' confidence and ability to make educated decisions are just as important as the amazing opportunitie...
- Greenwashing rules push startups to reevaluate marketing and packaging strategiesThe Central Consumer Protection Authority (CCPA) on October 15 introduced guidelines that restricted the use of such terms in advertisement...
- Brands must justify 'Green' claims, else get red-flagged: Cos can be penalised for misleading ads as per new normsNew guidelines require eco-friendly product claims to be substantiated or companies will face penalties for misleading advertising. These r...
- Crackdown on false environmental claims; govt releases greenwashing guidelinesCompanies claiming to be eco-friendly must disclose the basis of such claims or face penalties for misleading advertising. Manufacturers, t...
- ASCI issues guidelines to promote honest environmental claims in adsThe guidelines require comparative claims like "greener" or "friendlier" to be supported by evidence of the advertised product or service p...
- Support environmental claims such as eco-friendly with evidence: Draft greenwashing guidelines"All environmental claims shall be accurate and disclose all material information either in the relevant advertisement or communication or ...
- Not mandatory for banks, NBFCs to raise green funds: RBI FAQsThe Reserve Bank of India (RBI) clarified that while it is not mandatory for banks and NBFCs to raise green funds, they must adhere to the ...
- India has an enviable place in global ESG disclosure listAs SEBI maintains an aggressive stance on ESG reporting, India is placed comparatively higher than other leading global economies on this f...
- ASCI Releases draft guidelines to check environmental claims in advertsDeveloped by a multi-stakeholder task force, including environmental experts, these guidelines aim to ensure that advertisements are free f...
- ESG funds continue to see outflow; Rs 520 crore pulled out in June quarter"While the Indian sustainable fund market is still in its nascent state, we have witnessed a similar trend since COVID-19 with a handful of...
- Allowing MFs to launch multiple ESG schemes to provide responsible investment avenues: ExpertsThe capital markets regulator on Thursday allowed mutual funds to introduce five new categories under ESG and put in place a disclosure fra...
- 'Greenwashing' and false claims of being ecofriendly by brands under lensGreenwashing is classified as an unfair trade practice by the Consumer Protection Act, 2019. The Bureau of Indian Standards (BIS) too has a...
- Keep business clean from greenwashingGovernment must develop clear guidelines and criteria on how companies should prove their environmental claims, having these claims checked...
- Davos 2023: UN chief urges 'credible' net-zero pledges or risk greenwashing
- Greenwashing: How some companies are using sustainability as a marketing gimmickBrands must realise that the green marketing may help them win quick business but there is a potential risk of the brand being boycotted on...
- COP27: Cities with net zero promises falling short on tracking: ReportA United Nations high-level expert group last week issued guidelines for how to avoid greenwashing on net-zero pledges. The new analysis fi...
- UN expert panel: Non-state entities' net zero carbon pledges not enoughThe growing number of net zero and carbon neutrality pledges by non-state entities is good news but as the UN Secretary General Antonio Gut...
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