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.
Duration: 2h
Language: Available in English
Number of participants: up to 15
Available as intra-company course (i.e. dedicated session on demand)
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
Target audience
This training is coordinated by Michael Horvath, Partner at PwC Luxembourg.
Michael has acquired a strong financial and regulatory audit as well as advisory background and significant experience leading projects in the asset management sphere.
In the recent past, Michael has been particularly involved in various regulatory projects related to the implementation of the EU regulatory framework for sustainable finance (i.e. SFDR, taxonomy regulation, CSRD) at entity and product level. Michael is involved in various other regulatory projects for clients, from DORA, AML/CFT regulation over CSSF circular 18/698 to MICA.