Weronika Nalbert | In Principle

A bill to implement the Corporate Sustainability Reporting Directive in Poland was published on 19 April 2024. The main implementation measure is the proposed new chapter 6c of the Accounting Act, entitled “Sustainability Reporting.”

Nearly two years after publication of the European Commission’s proposal, the Greenwashing Directive came into force on 26 March 2024. The main objective of the changes is to protect consumers from deceptive commercial practices.

The number of Korean ventures in Poland is growing. It is worth taking a look at Korean culture, including its most famous element at the moment—K-pop, a global musical phenomenon. This industry is also notable for its largely-voluntary ESG initiatives.

In the face of the climate crisis, the interest in sustainability issues is growing. This increasingly brings the issue of greenwashing to the fore. “Greenwashing” refers to creation of a false impression among the public regarding the supposedly green practices applied by a business or the environmental benefits of its goods and services. Typically greenwashing is used to raise the attractiveness of goods or services in the eyes of prospective buyers, and thus to increase sales and attract customers. But sometimes the spread of misleading ecological messages is simply due to ignorance.

It has been a month since the president of the Office of Competition and Consumer Protection published the Recommendations on social media advertising labelling. Now the regulator is back with a collection of FAQs from users concerning the recommendations.
It has been a month since the president of the Office of Competition and Consumer Protection published the Recommendations on social media advertising labelling. Now the regulator is back with a collection of FAQs from users concerning the recommendations.

Significant changes are coming for medical device advertising. The rules will be much stricter than before, but still more lenient than drug advertising regulations. For the first time, the new Medical Devices Act regulates influencer advertising. It is already clear that sponsored content will be deemed to be advertising and thus must meet specific requirements under the Medical Devices Act. Companies have until the end of the year to sort out their relationships with influencers.

In connection with the recent intensified press reports on the construction of the Nord Stream 2 gas pipeline, it is worth reviewing the current status of the case and the actions of the president of the Office of Competition and Consumer Protection in this regard. In a decision dated 6 October 2020, the Polish regulator imposed fines in the maximum amount (over PLN 29 billion) on Gazprom and five other companies (in the total amount of PLN 234 million) for setting up a joint venture without his prior consent.