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08 November 2023

Positive Luxury: ESG Policy Guide

The Future of Sustainability Legislation for Luxury

Increasing legislative and regulatory action is making it imperative for businesses to have consistent, comparable, and transparent data in relation to environmental, social, and governance (ESG) information.

Our latest sustainability guide, ESG Policy Guide – The Future of Sustainability Legislation for Luxury, has been developed in collaboration with Positive Luxury, the company behind the Butterfly Mark, a unique mark awarded to luxury lifestyle brands, retailers and suppliers in recognition of their commitment and verified actions to creating a positive impact on our world. It features recent and upcoming developments in ESG legislation and policies in the US, UK and the EU and explains how these impact the luxury, fashion, and cosmetics industries. The guide:

  • explains key legislative changes relating to sustainability, with a key focus on ESG and greenwashing
  • looks at near-term climate-related risks
  • outlines steps that the luxury sector needs to consider to help mitigate climate, material, and financial risks to their business
  • examines what the next four years will bring for the industry

ESG Policy Guide


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*Renata Amaral, partner at Trench Rossi Watanabe, participated in this report. Trench Rossi Watanabe and Baker McKenzie have executed a strategic cooperation agreement for consulting on foreign law.

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