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ARTICLE · 24 AUGUST 2023

ESG Policy Update

K&L Gates
K&L Gates
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K&L Gates

K&L Gates

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As previously reported by K&L Gates, the Australian Competition and Consumer Commission (the ACCC) released its long-awaited guidance on the making of environmental and sustainability claims.

AustraliaEnvironment
Clive Cachia
Clive Cachia
Adam Levine
Adam Levine

Australia Update

ACCC Releases its Guidance on Making Environmental and Sustainability Claims

As previously reported by K&L Gates, the Australian Competition and Consumer Commission (the ACCC) released its long-awaited guidance on the making of environmental and sustainability claims. The guidance sets out eight principles that, in the ACCC's view, businesses should follow when making such claims to comply with Australian Consumer Law.

The guidance follows the ACCC's report from March 2023, where internet sweeps revealed that 57% of websites and business that were reviewed made 'concerning' claims about their environmental practices.

Australian Critical Minerals

The Australian Government has recently released its Critical Minerals Strategy 2023-2030, which includes additional industry funding and support for projects regarding critical minerals such as lithium, cobalt and vanadium. Critical minerals are the raw materials essential to modern technologies

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