Agreements between undertakings can help, in an effective manner, towards the realization of public sustainability objectives. Furthermore, these agreements can broaden the support for the efforts that are needed to realize such objectives.
The draft version of the Guidelines on Sustainability Agreements explains the application of competition law to sustainability agreements between undertakings. The Guidelines show the opportunities that market participants have for making sustainability agreements, but also where competition law draws the line.
Following a public consultation, the Guidelines on Sustainability Agreements have been tightened, and are now ready for further discussions in Europe.