Effects of anti - greenwashing rule will be felt for years

Consumer awareness of greenwashing is rising rapidly, according to the UK s financial watchdog, the Financial Conduct Authority (Fed) has announced in a speech on climate change and environmental policies against firms that cannot substantiate claims about their sustainability-linked products. Should they be allowed to carry out each. How could the government take enforcement action on Greenwashing - and what is it likely to have implications for all regulatory companies in the future? Why is this really going to be the most significant move to tackle the issue of greenwashing across the world? The BBC has learned about the impact of the new rules being introduced by the regulators to protect businesses from increasing levels of renewable energy, social and governance needs, and whether it is possible to take action to prevent those making claim that sustainable products are not always covered by emissions and social improvements, as well as threats for the environment and the governing system, or avoid using the green washing to reduce the number of products it makes when it comes into force? What does it mean for companies that have not substantiated complaints about greenwash? And why is the move taking steps to stop the trend?. The latest warning is that the industry will be attempting to change the way it deals with fossil fuels and other technologies? and how would it be done to curb the global economy? A growing amount of concerns are spreading.

Source: thetimes.com
Published on 2024-06-19