ESG Global News
2025-09-04
On August 26, the Frankfurt Regional Court in Germany ruled that Apple Inc. could no longer market its Apple Watch as "carbon neutral" in Germany, arguing that the claim lacked sufficient scientific support and was misleading to consumers.
2025-09-04
On August 27, the Net-Zero Banking Alliance (NZBA) announced that its Steering Group has initiated a membership vote to determine whether to transition from its current “membership-based alliance” model to establishing its guidelines as a new framework initiative.
2025-08-29
The Hongkong and Shanghai Banking Corporation Limited was publicly reprimanded and fined HK$4.2 million by the Securities and Futures Commission for breaching disclosure regulations.
2025-08-29
Recently, reports of fraudulent drinking water suppliers at Hong Kong SAR government offices have drawn public attention. Legislators are calling for stricter tendering and certification procedures, and for test reports to be labeled with QR codes to help verify the authenticity of the agencies, to prevent similar issues from recurring.
2025-08-22
Three cosmetics companies were found to have serious defects in their production quality management systems during unannounced inspections.
2025-08-22
Recently, the National Radio and Television Administration (NRTA) issued and implemented the “Several Measures to Further Enrich Television Content and Promote the Supply of Radio and Television Content.” The “Several Measures” emphasize that multiple measures should be taken to strengthen content construction and increase the supply of high-quality radio and television content.
2025-08-15
Pagoda has sparked controversy with its “educating consumers” rhetoric. Despite its ongoing investments in ESG, its high-premium model and communication strategy have failed to gain consumer acceptance, posing challenges for the brand.
2025-08-09
On August 4, 2025, the Italian Competition Authority (AGCM) officially announced a €1 million fine against Infinite Styles Services Co. Limited, the company responsible for managing Shein's European product trading website, for "misleading, ambiguous, and omission of key information" in its environmental claims.
2025-08-06
On August 1, 2025, UK-based Barclays Bank announced its withdrawal from the UN-backed Net Zero Banking Alliance (NZBA), becoming the second UK bank to exit the alliance after HSBC.
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