Looking ahead to later in 2022, the Federal Trade Commission (FTC) is expected to review and update its "Green Guides", which "...set forth the Federal Trade Commission's current views about environmental claims. The guides help marketers [and companies] avoid making...
ESG
ESG and Fashion: New York Takes Aim At the Industry
ESG and fashion are certainly en vogue in 2022, at least with regulators and legislators. Yesterday, we wrote about the United Kingdom's intent to target the fashion industry in 2022 over alleged greenwashing of consumers for apparel and footwear. Marketing buzzwords...
Greenwashing and Fashion Industry: UK’s Next Target
As the cosmetics industry bore the brunt of a pair of significant greenwashing lawsuits in the United States at the end of 2021, it is now the fashion industry that is the target of regulatory oversight action in the United Kingdom to start 2022. As the Securities and...
Greenwashing and the SEC: the 2022 ESG Target
A recent wave of greenwashing lawsuits against the cosmetics industry drew the attention of many in the corporate, financial and insurance sectors. Attacks on corporate marketing and language used to allegedly deceive consumers will take on a much bigger life in 2022,...
PFAS Superfund Designation: EPA’s Latest Step Starts 90 Day Clock
On January 10, 2022, the EPA submitted a plan for a PFAS Superfund designation to the White House Office of Management and Budget (OMB) when it indicated an intent to designate two legacy PFAS - PFOA and PFOS - as "hazardous substances" under the Comprehensive...
Cosmetics and PFAS: Industry Lawsuits a Lesson For ESG
Cosmetics and PFAS is a topic that saw increased scrutiny from the scientific community, legislature, and the media in 2021. As we predicted in early 2021, the increased attention on the industry presented significant risks to the cosmetics industry, and our...
John Gardella To Speak At Dealmakers M&A Conference
Please join John Gardella on January 20, 2022 for the virtual Boston Dealmakers Conference. John will moderate a panel discussion of three prominent executives on the topic of "Navigating the Complexities of Today's M&A Environment." John and his guests will...
ASTM PFAS Changes Mean Significant Impact On Dealmakers
In June 2021, we predicted that the American Society for Testing and Material (“ASTM”) would revise its existing "gold standard" for environmental due diligence - the Phase I environment site assessment - to update certain definitions, recommended processes, and for...
ESG’s Unintended Consequence – Lawsuits
The Environmental, Social and Governance (“ESG”) movement has existed for over 10 years, but has taken on exponentially greater importance in the corporate, investment and insurance worlds in the last two to three years. With the Biden-Harris administration taking...
ESG and Emerging Contaminants – Investors Beware
The Environmental, Social and Governance ("ESG") movement has existed for over 10 years, but has taken on exponentially greater importance in the corporate, investment and insurance worlds in the last two to three years. With the Biden-Harris administration taking...