CMA issues its first informal guidance to help green initiatives

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Summary:

The Competition and Markets Authority (CMA) has published informal guidance on the Fairtrade Foundation's Shared Impact initiative, which aims to enhance sustainability and resilience in food supply chains. The initiative involves grocery retailers committing to purchase minimum additional Fairtrade volumes of bananas, coffee, and/or cocoa from Fairtrade producers on long-term contracts. The CMA considers this initiative unlikely to raise competition concerns, aligning with its strategic priorities to promote environmental sustainability and support businesses in achieving sustainability goals while protecting consumers.