Budapest Post

Cum Deo pro Patria et Libertate
Budapest, Europe and world news

Hungarian Consumers Also Targeted by Greenwashing

In the United Kingdom, by 2024, four out of ten large enterprises could face severe financial penalties for greenwashing, following the significant tightening of consumer protection laws by the Competition and Markets Authority (CMA) and the European Union.
The phenomenon known as greenwashing, or portraying a company or its products as more environmentally friendly than they are, aims to attract environmentally conscious consumers who may be misled by claims of products being "green" or produced in an eco-friendly way.

Greenwashing in the EU and Hungary

A comprehensive framework of European Union and Hungarian regulations encompasses claims and indications of environmental friendliness. To avoid misleading consumers and facing regulatory sanctions, businesses promoting their products or services with environmental claims must be familiar with industry-specific requirements in addition to consumer protection rules, according to Andrea Magdolna Nagy, a lawyer at Vámosi-Nagy Ernst & Young Law Firm.

Experts, in response to inquiries from the financial daily Világgazdaság, highlighted that the Hungarian Competition Authority (GVH) pays special attention to greenwashing. According to a study published in January, related to a market analysis on environmental claims, out of a representative sample of 7,000 advertisements, slightly over three percent contained sustainability messages, while an additional five percent implicitly suggested sustainability. This is noteworthy given the increasing environmental consciousness among consumers.

In terms of product categories, household items were most frequently advertised as being "green." However, only 23 percent of all product advertisements were supported by certificates, research, or qualifications. Nagy emphasized that not all industries frequently experience greenwashing, but it undeniably occurs, leaving many consumers confused about the true content of green claims.

The Reality Behind Greenwashing

Greenwashing refers to unsubstantiated environmental claims by businesses that use marketing strategies to appear environmentally responsible without genuine action or results in their operations or product attributes.

The Challenge of Identifying Greenwashing

Nagy pointed out the difficulty in accessing credible information, especially with the proliferation of symbols and labels used by manufacturers and sellers to suggest positive environmental impacts of their products. A 2021 Euromonitor survey revealed that less than half of the consumers found green labels such as "fair trade," "GMO-free," "free-range," etc., to be trustworthy, indicating a lack of confidence in green labels in developed markets.

To prevent disappointments, consumers are advised to educate themselves about independent organizations' logos and certificates, such as the EU Ecolabel, which considers the entire lifecycle of products. They should be skeptical of vaguely defined "green" claims, like "environmentally friendly," "eco-sparing," or "sustainable," especially when the specific positive environmental impacts, like water or energy savings, are unclear.

Marketing Strategies and Legal Remedies

In Hungary, both the Hungarian Competition Authority and consumer protection authorities within the county government offices have the authority to inspect companies' green communications. These inspections can reveal whether claims are merely marketing tactics. Nagy Andrea Magdolna shared that complaints can be filed with these authorities if consumers feel misled.

According to a market research by the European Consumer Organisation (BEUC), the environmental impact of a product influences the product preferences of most consumers in European Union member states, with 61 percent of consumers considering environmental information, at least to some extent, when making purchases.
AI Disclaimer: An advanced artificial intelligence (AI) system generated the content of this page on its own. This innovative technology conducts extensive research from a variety of reliable sources, performs rigorous fact-checking and verification, cleans up and balances biased or manipulated content, and presents a minimal factual summary that is just enough yet essential for you to function as an informed and educated citizen. Please keep in mind, however, that this system is an evolving technology, and as a result, the article may contain accidental inaccuracies or errors. We urge you to help us improve our site by reporting any inaccuracies you find using the "Contact Us" link at the bottom of this page. Your helpful feedback helps us improve our system and deliver more precise content. When you find an article of interest here, please look for the full and extensive coverage of this topic in traditional news sources, as they are written by professional journalists that we try to support, not replace. We appreciate your understanding and assistance.
Newsletter

Related Articles

0:00
0:00
Close
Poland Implements Border Checks Amid Growing Migration Tensions
Emirates Airline Expands Market Share with New $20 Million Campaign
Amazon Reaches Milestone with Deployment of One Millionth Robot
Yulia Putintseva Calls for Spectator Ejection at Wimbledon Over Safety Concerns
House Oversight Committee Subpoenas Former Jill Biden Aide Amid Investigation into Alleged Concealment of President Biden's Cognitive Health
Amazon Reaches Major Automation Milestone with Over One Million Robots
Extreme Heat Wave Sweeps Across Europe, Hitting Record Temperatures
Meta Announces Formation of Ambitious AI Unit, Meta Superintelligence Labs
Robots Compete in Football Tournament in China Amid Injuries
China Unveils Miniature Insect-Like Surveillance Drone
Marc Marquez Claims Victory at Dutch Grand Prix Amidst Family Misfortune
Germany Votes to Suspend Family Reunification for Asylum Seekers
Budapest Pride Parade Draws 200,000 Participants Amid Government Ban
Southern Europe Experiences Extreme Heat
Xiaomi's YU7 SUV Launch Garners Record Pre-Orders Amid Market Challenges
Jeff Bezos and Lauren Sanchez's Lavish Wedding in Venice
Russia Launches Largest Air Assault on Ukraine Since Invasion
Massive Anti-Government Protests Erupt in Belgrade
Iran Executes Alleged Israeli Spies and Arrests Hundreds Amid Post-War Crackdown
Hungary's Prime Minister Criticizes NATO's Role in Ukraine
EU TO HUNGARY: LET THEM PRIDE OR PREP FOR SHADE. ORBÁN TO EU: STAY IN YOUR LANE AND FIX YOUR OWN MESS.
Hungarian Scientist to Conduct 30 Research Experiments on the International Space Station
NATO Members Agree to 5% Defense Spending Target by 2035
NATO Leaders Endorse Plan for Increased Defence Spending
U.S. Crude Oil Prices Drop Below $65 Amid Market Volatility
International Astronaut Team Launched to Space Station
Macron and Merz: Europe must arm itself in an unstable world
Germany and Italy Under Pressure to Repatriate $245bn of Gold from US Vaults
Iran Intensifies Crackdown on Alleged Mossad Operatives After Sabotage Claims
Trump Praises Iran’s ‘Very Weak’ Response After U.S. Strikes and Presses Israel to Pursue Peace
Oil Prices Set to Surge After US Strikes Iran
BA and Singapore Airlines Cancel Dubai Flights Amid Middle East Tensions
Trump Faces Backlash from MAGA Base Over Iran Strikes
Meta Bets $14 B on Alexandr Wang to Drive AI Ambitions
FedEx Founder Fred Smith, ‘Heart and Soul’ of the Company, Dies at 80
Chinese Factories Shift Away from U.S. Amid Trump‑Era Tariffs
Pimco Seizes Opportunity in Japan’s Dislocated Bond Market
Labubu Doll Drives Pop Mart to Status as China’s Most Valuable Toy Maker
Global Coal Demand Defies Paris Accord Goals
United States Conducts Precision Strikes on Iran’s Nuclear Sites
US strikes Iran nuclear sites, Trump says
Telegram Founder: I Will Leave My Fortune to Over 100 of My Children
16 Billion Login Credentials Leaked in Unprecedented Cybersecurity Breach
Senate hearing on who was 'really running' Biden White House kicks off
Hungary Ranked Among the World’s Safest Travel Destinations for 2025
G7 Leaders Fail to Reach Consensus on Key Global Issues
FBI and Senate Investigate Allegations of Chinese Plot to Influence the 2020 Election in Biden’s Favor Using Fake U.S. Driver’s Licenses
Trump Demands Iran's Unconditional Surrender Amid Escalating Conflict
Shock Within Iran’s Leadership: Khamenei’s Failed Plan to Launch 1,000 Missiles Against Israel
Wreck of $17 Billion San José Galleon Identified Off Colombia After 300 Years
×