As governments, corporates and individuals double down on efforts on their sustainability and environmental, social and governance (“ESG”) agenda, there are emerging concerns of “greenwashing” and whether products and services labelled as “green” or “sustainable” are indeed so. What exactly is “greenwashing” and are there legal and regulatory frameworks in place to deal with this?
In this Guide, we aim to provide you with the state of play in the greenwashing legal landscape from a Southeast Asian perspective. Each Country Chapter provides a summary of the existing laws and regulations in each of the nine Southeast Asia jurisdictions that are available for enforcing against greenwashing, as well as some of their key regulators’ approaches and initiatives to set clear and enforceable standards on green claims, green credentials, green products or green investments.
Generally, “greenwashing” refers to the conduct of making untrue or misleading statements or representations about how certain products or investments are environmentally friendly, or green, which turn out to fall short of what the statements or representations claim.
For more information, click here to read the full Regional Guide.