"Sustainable Markets" News Archive

The European Union wants to facilitate consumers to buy more environmentally friendly products and to promote circular business models via a new package of laws that will be part of the European Green Pact proposals.

The proposal imposes the obligation to provide information to the consumer prior to purchase on the repairability and durability of the product, as well as to protect the citizen against unfair practices related to early discontinuance.

The data included in the report shows that the Union has made progress towards most of the goals over the last five years, in line with the Commission's priorities in key strategic areas.

The most recognized global standard that recognizes Purpose-Driven Companies, B Corp continues its growth and consolidation in Europe, with Spain being one of the countries with more than 160 companies.

With the goal to reduce landfill waste, Tentree launched a new initiative by collaborating with circular solution providers Treet and SuperCircle.

Nudie Jeans is recognized in the industry for making top-of-the-line men's jeans with a rock n roll aesthetic at reasonable prices.

According to the document EU Exports of Used Textiles in Europe's Circular Economy prepared by the European Environment Agency, 46% of these garments were sold to Africa, the EU's main customer, followed by Asia, with 41%.

In addition to running its publication, Economist Impact also enables businesses to drive action on sustainability through its hybrid events.

The new measures complete the proposal presented by the same Commission in March 2022 and aims to establish common criteria across Europe against "greenwashing" and "misleading environmental claims".

According to the study 'The State of European Supply Chains in 2022' prepared by JLL, European supply chains have started on a path towards greater optimization and restructuring.