商業快報

EU cracks down on fast fashion and food waste

Ecommerce groups will be forced to cover costs of collecting, sorting and recycling

The EU has struck a deal to impose sweeping new rules on food and textile waste, putting the costs of clean up on companies and reshaping the economics for ecommerce platforms operating across the continent.

The provisional agreement will introduce legally binding targets for cutting food waste and force producers to cover the costs of collecting, sorting, and recycling textiles, following the European parliament and Council negotiations that ended late on Tuesday night.

The measures will place the extra financial and regulatory burdens on businesses, including fast-fashion brands and online retailers, amid growing scrutiny of the environmental impact of consumer industries.

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