This ICC white paper explores how to bridge the gap between businesses, and competition authorities, who hold conflicting perspectives on the value of business collaboration to achieve their own and/or global sustainability goals. It provides real-world business cases and proposes dos and don’ts for businesses looking to cooperate with competitors to contribute to the fight against climate change.
Competition policy vs sustainability goals?
Combatting climate change will require contributions on many fronts, and businesses and competition authorities alike play a crucial role in this context.
Businesses can, need and want to work together to help fight climate change. However, current competition policies are chilling this, arguing that any collaboration between competing businesses must be carefully considered to avoid breaching competition law and encouraging greenwashing.
Competition authorities and law makers, on the other hand, can and must do more to reduce this chilling effect.
How can competition policy support climate action?
How is ICC contributing to the fight against climate change from an antitrust perspective?
Leveraging its diverse and experienced global network, ICC provides real-world business cases of companies looking to cooperate with competitors to contribute to the fight against climate change or to consider sustainability-driven actions but not pursuing them given for fear of competition.
More information:
https://iccwbo.org/content/uploads/sites/3/2022/11/when-chilling-contributes-to-warming-2.pdf
