France is the first country in the European Union to transpose the Corporate Sustainability Reporting Directive (CSRD).
The CSRD replaces the previous Non-Financial Reporting Directive, that created the obligation for non-financial reporting. This transposition broadens the scope of companies that have to implement sustainability reporting and extends their transparency obligations.

As part of the EU Green Deal launched in 2019, a strong mandate has been issued to ensure consumers receive reliable, comparable and verifiable information to enable them to make more sustainable decisions and to reduce the risk of greenwashing.
The proposed European Union (EU) Green Claims Directive was tabled by the European Commission in March 2023 and aims to address greenwashing and introduces stringent requirements on various aspects in tackling false environmental claims.

Join Baker McKenzie’s Consumer Goods & Retail Industry Group for their events entitled Redefining Luxury & Fashion: What Fits in the Future? scheduled to take place in London on Tuesday, 14 March 2023 and in Paris on Thursday, 16 March 2023.