Business: Greenwashing

Baroness Boycott Excerpts
Tuesday 10th January 2023

(1 year, 4 months ago)

Lords Chamber
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Lord Callanan Portrait Lord Callanan (Con)
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There are a lot of questions in what the noble Baroness said, and there are a number of different aspects to this problem. The Advertising Standards Authority and the CMA are taking action, our net-zero strategy contained several commitments around eco-labelling, and we are working with the Financial Conduct Authority to introduce a sustainable investment label. Those are all proceeding at the moment.

Baroness Boycott Portrait Baroness Boycott (CB)
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My Lords, it is well known that food, agriculture and deforestation account for a very large amount of greenhouse gases and biodiversity loss, yet it is impossible for a consumer to tell when buying a product exactly what its biodiversity impact or carbon content is. All big food companies rail against putting this on labels, on the grounds that it would take up too much space. That is fair enough; they can put it online, where nerds such as me can look it up to see whether it is okay. What are the Government doing to make labelling correct in terms of those two factors? Have they at least started a consultation and is there any news on when they might implement it?

Lord Callanan Portrait Lord Callanan (Con)
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The noble Baroness referred to looking at information online. I am sure she will be pleased to know that the CMA has launched a website to help consumers to identify and understand genuine environmental claims about the products and services that they are purchasing. It is designed to encourage them to ask themselves simple questions about whether they can believe the claims that manufacturers are making or not.