Environmental and sustainability claims: Draft guidance for business

Environmental and sustainability claims: Draft guidance for business

AU Energy Compliance, Consumer, NT Energy Compliance
The ACCC recently released draft guidance on environmental and sustainability claims to help businesses understand their obligations under the Australian Consumer Law (ACL) and best practice when making such claims. The draft guidance aims to encourage truthful and accurate claims, decrease instances of ‘greenwashing’, and assist consumers in making informed choices. Principles The ACCC identified eight key principles for businesses to follow when making environmental and sustainability claims: Make accurate and truthful claims: All claims should be factually correct. Even if literally true, they should not create an misleading overall impression. Have evidence to back up your claims: Businesses should ensure they have clear evidence to substantiate any claims made, with independent, scientific evidence being the most credible. As stated in the guidance, “Making the research, evidence, or data that…
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AER Draft Guidance including emission reductions in energy objectives

AER Draft Guidance including emission reductions in energy objectives

AU Energy Compliance
The Australian Energy Regulator (AER) has released draft guidance on how it proposes to implement the amended National Electricity Objective (NEO) and National Gas Objective (NGO) to include consideration of emission reductions. The amendments to the NEO, NGO and National Energy Retail Objective are expected to be passed by the South Australian parliament in September 2023. The AER “supports clarity around the changes to the national energy objectives to refer to government emission reduction targets and their application to AER decisions,” the guidance states. “As the independent regulator, the national energy objectives guide our work to promote the long-term interests of consumers with respect to achieving emission reduction targets, alongside our existing considerations including price, quality, safety and reliability of energy supply.” The guidance covers two main areas: The matters…
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AER Releases Annual Compliance and Enforcement Report: Focus on Supporting Vulnerable Customers and Efficient Energy Markets

AER Releases Annual Compliance and Enforcement Report: Focus on Supporting Vulnerable Customers and Efficient Energy Markets

AU Energy Compliance
The Australian Energy Regulator (AER) recently released its Annual Compliance and Enforcement Report for 2022–23, outlining its activities over the past year to monitor and enforce compliance with Australia’s national energy laws and rules. A key focus has been on supporting vulnerable customers, including those experiencing financial hardship. The AER has also acted to support the efficient operation of competitive energy markets through monitoring compliance of generators, gas pipelines and retailers. In the report the AER note that “Compliance with national energy laws gives consumers and energy market participants confidence that energy markets are working effectively and in their long-term interests.” The AER set five compliance priorities for 2022–23, focusing on consumers, wholesale electricity and gas markets. Supporting Consumers Experiencing Vulnerability A top priority was effective identification of residential customers…
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