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26.03.2024 | 🇬🇧 UK competition authority
The Competition and Markets Authority (CMA) investigated ASOS, Boohoo, and George at Asda for potential greenwashing in their fashion 'green' claims. The CMA secured undertakings from the companies to change the way they display, describe, and promote their green credentials. This includes following agreed rules on green claims, providing regular reports to the CMA, and improving internal processes. The CMA also issued an open letter to the fashion retail sector, urging businesses to review their claims and practices. The CMA plans to enhance its Green Claims Code with tailored information for the fashion sector, setting a new standard for the industry.
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