The rise of conscious consumerism has led to consumers actively seeking out sustainable, environmentally friendly and ethically produced goods. In response to this growing demand, many consumer goods and retail (CG&R) companies have embraced sustainability and green credentials as a marketing tool, but is this greenwashing? Baker McKenzie produced this guide to outline the legal landscape, regulations and key actions CG&R companies can take to mitigate the risks associated with greenwashing claims in Latin America.

On 1 April 2024 new provisions contained in the Financial Code for the State of Mexico will become effective, with regard to the following taxes:

1. Ecological Tax on Waste Disposal, Confinement and Storage (“The Waste Tax”);
2. Tax on Pollutant Emissions to Water (“Water Tax”).

There are also new rates applicable to the Tax on Pollutant Air Emissions (“Air Emissions Tax”), in force since 2022.

11 March 2023 will mark the entry into force of Mexican Official Standard NOM-001-SEMARNAT-2021, that establishes maximum allowable limits for pollutants in wastewater discharges into national receptive bodies. This standard, substitutes NOM-001-SEMARNAT-1996.

Let’s Talk Climate Crisis (Hablemos de la Crisis Ambiental) is a sustainability project of the Corporate Social Responsibility area of Baker McKenzie Mexico that invites the audience to reflect on the environmental and climate crisis through a series of webinars. The goal is to collectively build proposals for a sustainable and inclusive world based on human rights and the principles of equality and justice by recognizing ourselves as active subjects in the construction of knowledge and in the solutions. The podcast is available in Spanish only.