Close Menu
  • Home
  • Market News
    • Crude Oil Prices
    • Brent vs WTI
    • Futures & Trading
    • OPEC Announcements
  • Company & Corporate
    • Mergers & Acquisitions
    • Earnings Reports
    • Executive Moves
    • ESG & Sustainability
  • Geopolitical & Global
    • Middle East
    • North America
    • Europe & Russia
    • Asia & China
    • Latin America
  • Supply & Disruption
    • Pipeline Disruptions
    • Refinery Outages
    • Weather Events (hurricanes, floods)
    • Labor Strikes & Protest Movements
  • Policy & Regulation
    • U.S. Energy Policy
    • EU Carbon Targets
    • Emissions Regulations
    • International Trade & Sanctions
  • Tech
    • Energy Transition
    • Hydrogen & LNG
    • Carbon Capture
    • Battery / Storage Tech
  • ESG
    • Climate Commitments
    • Greenwashing News
    • Net-Zero Tracking
    • Institutional Divestments
  • Financial
    • Interest Rates Impact on Oil
    • Inflation + Demand
    • Oil & Stock Correlation
    • Investor Sentiment

Subscribe to Updates

Subscribe to our newsletter and never miss our latest news

Subscribe my Newsletter for New Posts & tips Let's stay updated!

What's Hot

Supermajors to Significantly Boost Oil and Gas Output in Nigeria

July 8, 2025

Apple Can’t Quit China Despite Mounting Trump Pressure, Analysts Say

July 8, 2025

Deadly floods could be new normal as Trump guts federal agencies, experts warn | Texas floods 2025

July 8, 2025
Facebook X (Twitter) Instagram Threads
Oil Market Cap – Global Oil & Energy News, Data & Analysis
  • Home
  • Market News
    • Crude Oil Prices
    • Brent vs WTI
    • Futures & Trading
    • OPEC Announcements
  • Company & Corporate
    • Mergers & Acquisitions
    • Earnings Reports
    • Executive Moves
    • ESG & Sustainability
  • Geopolitical & Global
    • Middle East
    • North America
    • Europe & Russia
    • Asia & China
    • Latin America
  • Supply & Disruption
    • Pipeline Disruptions
    • Refinery Outages
    • Weather Events (hurricanes, floods)
    • Labor Strikes & Protest Movements
  • Policy & Regulation
    • U.S. Energy Policy
    • EU Carbon Targets
    • Emissions Regulations
    • International Trade & Sanctions
  • Tech
    • Energy Transition
    • Hydrogen & LNG
    • Carbon Capture
    • Battery / Storage Tech
  • ESG
    • Climate Commitments
    • Greenwashing News
    • Net-Zero Tracking
    • Institutional Divestments
  • Financial
    • Interest Rates Impact on Oil
    • Inflation + Demand
    • Oil & Stock Correlation
    • Investor Sentiment
Oil Market Cap – Global Oil & Energy News, Data & Analysis
Home » European Commission to Withdraw Anti-Greenwashing Regulation
Sustainability & ESG

European Commission to Withdraw Anti-Greenwashing Regulation

omc_adminBy omc_adminJune 20, 2025No Comments2 Mins Read
Share
Facebook Twitter Pinterest Threads Bluesky Copy Link


The European Commission revealed on Friday that it plans to withdraw the Green Claims Directive just days prior to trilogue negotiations to finalize the proposed rules aimed at protecting consumers from greenwashing claims about the environmental attributes of products and services, following objections from lawmakers that brought its ability to be adopted into doubt.

Following a question about the Commission’s plans for the directive at a press conference, Commission spokesperson Maciej Berestecki said:

“I can say that in the current context, indeed the Commission intends to withdraw the Green Claims proposal.”

The withdrawal follows two years of negotiations in the EU Parliament and Council over the proposal. The Commission introduced the directive in March 2023, aimed at addressing a need for reliable and verifiable information for consumers, in light studies finding that more than half of green claims by companies in the EU were vague or misleading, and 40% were completely unsubstantiated.

The Commission’s proposal included minimum requirements for businesses to substantiate, communicate and verify their green claims, obligating companies to ensure the reliability of their voluntary environmental claims with independent verification and proven with scientific evidence. The directive also targeted the proliferation of private environmental labels, requiring them to be reliable, transparent, independently verified and regularly reviewed, and allowing new labels only if developed at the EU level, and approved only if they demonstrate greater environmental ambition than existing label schemes.

In the lead-up to next week’s negotiations on the proposal, however, the European People’s Party (EPP),  the largest political party in the EU Parliament, issued a letter requesting that the Commission “reconsiders and ultimately withdraws” the directive, arguing that the new rules would be overly burdensome and complex, in contrast to ongoing efforts to simplify compliance burdens on companies.

The EPP letter also criticized the lack of an impact assessment regarding the proposed directive, stating that the proposal does not “convincingly demonstrate that the expected benefits of the regime would outweigh the significant costs and regulatory uncertainty it entails.”

A spokesperson did not provide more details following subsequent questions into the process and motivation behind the move to scrap the Green Claims Directive, stating that they were “not in a position to share more information for now… we will see how to take things forward,” adding that the Commission “will keep you informed on next steps.”



Source link

Share. Facebook Twitter Pinterest Bluesky Threads Tumblr Telegram Email
omc_admin
  • Website

Related Posts

Deadly floods could be new normal as Trump guts federal agencies, experts warn | Texas floods 2025

July 8, 2025

CapitaLand Launches New Framework to Quantify the Financial Return of Sustainability Investments

July 8, 2025

ESMA Guides Issuers, Fund Managers on Anti-Greenwashing Expectations

July 8, 2025
Add A Comment
Leave A Reply Cancel Reply

Top Posts

LPG sales grow 5.1% in FY25, 43.6 lakh new customers enrolled, ET EnergyWorld

May 16, 20255 Views

South Sudan on edge as Sudan’s war threatens vital oil industry | Sudan war News

May 21, 20253 Views

Trump’s 100 days, AI bubble, volatility: Market Takeaways

December 16, 20072 Views
Don't Miss

African Energy Chamber condemns Greenpeace for ‘calculated attacks’ to hinder energy development

By omc_adminJuly 8, 2025

Environmental advocate group Greenpeace has spoken out against the African Energy Chamber (AEC) and Africa’s…

Eni and Algeria’s Sonatrach sign new $1.35 billion production sharing contract

July 7, 2025

bp appoints former Shell CFO Simon Henry to board

July 7, 2025

Draeger Marine & Offshore supports UK’s first offshore CO2 injection

July 7, 2025
Top Trending

Deadly floods could be new normal as Trump guts federal agencies, experts warn | Texas floods 2025

By omc_adminJuly 8, 2025

CapitaLand Launches New Framework to Quantify the Financial Return of Sustainability Investments

By omc_adminJuly 8, 2025

ESMA Guides Issuers, Fund Managers on Anti-Greenwashing Expectations

By omc_adminJuly 8, 2025
Most Popular

The 5 Best Soundbars of 2025

May 6, 20251 Views

Energy Department Lifts Regulations on Miscellaneous Gas Products

May 2, 20251 Views

Apple Can’t Quit China Despite Mounting Trump Pressure, Analysts Say

July 8, 20250 Views
Our Picks

EnerMech Bags Triton FPSO Work

July 8, 2025

Valaris Secures New Works for Two of Its Drillships

July 8, 2025

Shell Says Weak Oil and Gas Trade Hit 2Q Profit

July 7, 2025

Subscribe to Updates

Subscribe to our newsletter and never miss our latest news

Subscribe my Newsletter for New Posts & tips Let's stay updated!

Facebook X (Twitter) Instagram Pinterest
  • Home
  • About Us
  • Advertise With Us
  • Contact Us
  • DMCA
  • Privacy Policy
  • Terms & Conditions
© 2025 oilmarketcap. Designed by oilmarketcap.

Type above and press Enter to search. Press Esc to cancel.