CMA launches Green Agreements Guidance to help businesses co-operate on environmental goals

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Summary:

The Competition and Markets Authority (CMA) has published the Green Agreements Guidance to provide clarity on how competition law applies to environmental sustainability agreements between firms operating at the same level of the supply chain. The guidance aims to help businesses navigate different categories of risk and avoid potential legal issues when collaborating on environmental sustainability initiatives. The CMA has also launched an open-door policy, offering informal guidance to businesses and representative bodies seeking to develop green goals. The guidance is part of a wider awareness campaign, including a video and roadmap, to support businesses in promoting environmental sustainability and combatting climate change.