))
36. What Canada’s new greenwashing legislation means for your business
Manage episode 436920258 series 3423250
Content provided by Quantum Lifecycle Partners. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Quantum Lifecycle Partners or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://ro.player.fm/legal.
Canada has introduced new legislation to counter greenwashing, which is already in effect. The legislation, called Bill C-59, is a significant amendment to Canada's Competition Act and aims to address false or misleading environmental and social claims. The penalties for greenwashing can be severe, ranging up to $10 million or 3% of the company's global annual gross revenue. The legislation applies to every business operating in Canada, regardless of size or industry. Organizations can take steps to counter greenwashing, such as educating themselves, reviewing their communications, and using existing standards and certifications.
Takeaways
Canada has introduced new legislation, Bill C-59, to address greenwashing
The penalties for greenwashing can be severe, up to $10 million or 3% of global annual gross revenue
The legislation applies to all businesses operating in Canada
Organizations can counter greenwashing by educating themselves, reviewing their communications, and using existing standards and certifications
Thanks for listening!
If you like our podcasts, please leave us a review on Spotify or Apple or wherever you get your podcasts from.
Want to be a guest on The Circular Future podcast? Email Sanjay Trivedi at strivedi@quantumlifecycle.com
- Listen on: https://quantumlifecycle.com/podcast
- Follow us on LinkedIn | Facebook
Capitole
1. Canada's Greenwashing Legislation (00:00:00)
2. Avoid Greenwashing Risks With Existing Frameworks (00:08:37)
43 episoade
Distribuie
