To meet federal guidelines for green marketing, any environmental claim must be backed by reliable scientific evidence that shows a significant environmental benefit and does not mislead consumers, according to Laura Koss, senior attorney in the Federal Trade Commission's Division of Enforcement.

Those guidelines must be followed when marketing e-statements, solar loans and other environmentally-friendly products and services.

"In layman's terms, the statute says: Don't lie; back up your claim," Koss told CU Times.

Complete your profile to continue reading and get FREE access to CUTimes.com, part of your ALM digital membership.

Your access to unlimited CUTimes.com content isn’t changing.
Once you are an ALM digital member, you’ll receive:

  • Breaking credit union news and analysis, on-site and via our newsletters and custom alerts
  • Weekly Shared Accounts podcast featuring exclusive interviews with industry leaders
  • Educational webcasts, white papers, and ebooks from industry thought leaders
  • Critical coverage of the commercial real estate and financial advisory markets on our other ALM sites, GlobeSt.com and ThinkAdvisor.com
NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.