In Brief: Zalando to remove sustainability references; Chicago sues Big Oil over climate risk deception

The latest ESG policy and regulatory news

Online retailer Zalando has committed to remove sustainability and environmental references from its web pages, following an investigation by the Consumer Protection Cooperation Network, an EU network of supervisory authorities that started in 2022. The European Commission announced that from April, Zalando will be obliged to publish “clear information” about its products’ environmental characteristics, such as the percentage of recycled materials, while avoiding misleading sustainability displays next to its products. The company will also have to submit a report on the implementation of its commitments, which the Consumer Protection Cooperation Network will assess and if necessary impose further content removals or fines.