Over the past decade, the focus on environmental issues has grown exponentially, resulting in various global commitments and initiatives aimed at transforming current institutional, economic, and financial models.
The EU Green Claims Directive, proposed in March 2023, aims to combat greenwashing and ensure that companies provide accurate, verifiable, and transparent sustainability claims. With increasing regulatory scrutiny, investor expectations, and consumer demand for sustainability, businesses must align their marketing and reporting practices with scientific evidence and third-party verification.
This directive will transform how companies communicate environmental claims and significantly impact branding, product labeling, and corporate sustainability disclosures. Non-compliance could lead to legal penalties, reputational damage, and loss of consumer trust.
This training will help organisations understand the regulatory requirements, assess compliance risks, and implement best practices for credible sustainability claims.
To complement your learning journey, please check our Sustainability curriculum.
Duration: 2h
Language: Available in English
Number of participants: up to 15
Available as intra-company course (i.e. dedicated session on demand)
Course content can be customised on demand under specific conditions.
By the end of this training, participants will:
Introduction to the EU Green Claims Directive
Key regulatory requirements and banned practices
Case studies: greenwashing failures and legal consequences
Best practices for compliance and transparent green claims
Next steps for businesses
This training is coordinated by Michael Horvath, Partner at PwC Luxembourg.
Michael Horvath is a partner at PwC with extensive expertise in sustainable finance and the asset management industry, including both financial and real assets. Since joining PwC Switzerland in 2011 and PwC Luxembourg in 2018, he has led significant projects in regulatory audit and advisory, focusing on the asset management sector. Michael has played a key role in implementing the EU regulatory framework for sustainable finance, including SFDR, taxonomy regulation, and CSRD, as well as other regulatory initiatives such as DORA, AML/CFT, CSSF circular 18/698, and MICA. He is a certified public accountant in Switzerland and Liechtenstein and has contributed to designing compliance frameworks and operational implementations driven by regulatory changes. His notable client projects include defining target operating models for Luxembourg AIFMs, digital operational resilience planning, AML/CFT framework implementation, and ESG/sustainability process design, supported by his involvement in training and regulatory advisory.