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UK regulator can fine up to 10% of global turnover for greenwashing

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In the UK, 40% of large businesses face hefty fines for greenwashing in 2024, as stringent consumer protection regulations implemented by the Competitions and Markets Authority (CMA) and the EU take effect.

“Too broad and vague”

A recent sustainability analysis conducted by the AI-powered compliance platform Compare Ethics shows that businesses are failing to address the real risks, including the rapidly evolving landscape where each sustainability assertion requires thoroughly verification.

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