EU Ecolabel for Retail Financial Products – NGO Comments

Types: Letter
Published: 18 November 2020
Size: 755.40 KB

The Commission has presented an updated proposal of the EU Ecolabel for Retail Financial Products. Ahead of its discussion at the EUEB, NGOs, including the European Environmental Bureau, share a preliminary assessment of the draft and raise strong concerns that the approach taken provides a real risk for greenwashing financial products, misleading consumers and harming the reputation of the EU Ecolabel scheme beyond finance.