Baker McKenzie Baker McKenzie
How Can We Help?
  • Home
  • Insight
  • Publications
  • Positive Luxury: ESG Policy Guide
05 November 2024

Positive Luxury: ESG Policy Guide

The Future of Sustainability Legislation for Luxury

Increasing legislative and regulatory action is making it imperative for businesses to have consistent, comparable, and transparent data in relation to environmental, social, and governance (ESG) information.

Our updated sustainability guide, ESG Policy Guide – The Future of Sustainability Legislation for Luxury, has been developed in collaboration with Positive Luxury, the company behind the Butterfly Mark, a unique mark awarded to luxury lifestyle brands, retailers and suppliers in recognition of their commitment and verified actions to creating a positive impact on our world. It highlights evolving ESG regulations in key regions and explains how these impact the luxury, fashion, beauty and cosmetics, and gourmet food and beverage sectors. The guide:

  • explains key legislative changes relating to sustainability, with a key focus on ESG and greenwashing
  • looks at near-term ESG-related risks
  • outlines steps that the luxury sector needs to consider to help mitigate climate, material, and financial risks to their business
  • examines what the next few years will bring for the sector

Positive Luxury Report 2024


Contact

*Renata Amaral, partner at Trench Rossi Watanabe, participated in this report. Trench Rossi Watanabe and Baker McKenzie have executed a strategic cooperation agreement for consulting on foreign law.

Explore Other Resources

CSDDD Explainer Series

Find out about the most important aspects of CSDDD compliance.

Off the Shelf: The Global Consumer Goods & Retail Industry Video Podcast

Practical legal insights into the key issues affecting consumer goods and retail (CG&R) businesses.


EU greenwashing

Being Prepared for the EU Greenwashing Legislation Claims Directive

The Green Claims Directive aims to address greenwashing and introduces stringent requirements on various aspects in tackling false environmental claims.


Demystifying ESG Webinar Series

Our series of ESG-focused thought leadership webinars share insights and practical guidance for businesses considering what ESG means for them.


Sustainability
Our multidisciplinary global team will work alongside you to identify key risks, establish and evolve sustainable practices, make pivotal investments and comply with changing regulation – to set direction and navigate legal risk in the journey ahead.
Learn More