Fashion retailers ASOS, Boohoo and ASDA’s George clothing brand are being investigated by the Competition and Markets Authority (CMA) over alleged ‘greenwashing’, the watchdog announced today. The three fashion brands and retailers are being scrutinised about whether they misrepresented their sustainability criteria, and could face legal action if they are found to have breached competition … Read more
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A series of adverts that claimed plastic grass is “eco-friendly” and can “purify” the air have today been branded as “misleading”, “unsubstantiated”, and guilty of making exaggerated environmental claims by the Advertising Standards Authority (ASA). The ASA, which has recently launched a crackdown on ‘greenwashing’ claims, upheld complaints against two Youtube videos and website claims … Read more
The appeal of impact investing is reaching new heights with the growth in greatest interest in the UK, according to an investor survey by American Century Investments. While over one in two of UK respondents have concerns about ‘greenwashing’, only 30 per cent said this would influence their interest in impact investing. The asset manager’s … Read more