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Italy regulator fines logistics firm GLS over 'green' policies
Published by Global Banking & Finance Review®
Posted on February 4, 2025
1 min readLast updated: January 26, 2026
Global Banking & Finance Review®
Company
Published by Global Banking & Finance Review®
Posted on February 4, 2025
1 min readLast updated: January 26, 2026
Italy's AGCM fined GLS €8M for unfair practices in its sustainability program, citing lack of transparency and overcharging suppliers.
ROME (Reuters) - Italy's competition authority AGCM on Tuesday said that it had fined logistics company GLS 8 million euros ($8.26 million) for alleged unfair commercial practices in its environmental sustainability program.
The regulator said that GLS's 'Climate Protect' initiative, was "organised, financed and communicated without the transparency, rigor, and diligence" due in a high-polluting sector such as goods shipping and delivery.
It said GLS forced its network of suppliers to pay for carbon emission compensation certificates, overcharging them for that service, and presented its green policies in an ambiguous and not sufficiently clear manner.
GLS Italy did not immediately respond to a request for comment.
($1 = 0.9685 euros)
(Writing by Francesca Piscioneri, editing by Alvise Armellini)
The main topic is the €8M fine imposed on GLS by Italy's AGCM for misleading green policies.
GLS was fined for alleged unfair commercial practices and lack of transparency in its environmental sustainability program.
The AGCM criticized GLS for organizing, financing, and communicating its green policies without transparency and diligence.
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