Greenwashing is now not only a potential reputational risk but is increasingly becoming a compliance and legal risk for organisations. With the FCA’s Anti-Greenwashing regulation came into effect in May 2024 and the EU agreeing to ban unverified green products and organisations having to substantiate, communicate, and verify their green claims, organisations can no longer leave green claims ambiguous or lack supporting evidence. With punishments for non-adherence ranging from fines of up to 10% of global turnover to suspensions, navigating this rule is essential.
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