EU Targets 'Greenwashing' In Latest Regulatory Push
March 22 2023 - 08:11AM
Dow Jones News
By Kim Mackrael
BRUSSELS--European officials rolled out proposals aimed at
forcing companies to back up environmental and sustainability
claims they make over consumer products with scientific evidence,
part of a broad regulatory push that could set precedents for
corporate rules elsewhere.
The European Commission, the bloc's executive body, on Wednesday
proposed legislation targeting what critics have broadly defined as
"greenwashing." The rules target eco-friendly labeling, such as
assertions that a product was made from recycled material or with
neutral carbon emissions.
The commission said a range of environmental claims would need
to be verified independently and backed up with scientific
evidence. The proposals are part of a wider EU effort officials say
is aimed at making it easier for consumers to choose
environmentally sustainable products..
The proposed laws must be negotiated and approved by member
countries and the European Parliament before they can become law,
and could be changed during that process.
Write to Kim Mackrael at kim.mackrael@wsj.com
(END) Dow Jones Newswires
March 22, 2023 07:56 ET (11:56 GMT)
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