Fields said: “With climate change and environmental issues featuring heavily on the global agenda in politics, business and public debates, consumers increasingly seek to purchase products which are considered to be environmentally friendly and sustainable. Trade marks can play an important part in helping consumers identify that they are purchasing a product that meets these characteristics.”
“On the one hand, there are always ‘traditional’ trade marks which indicate to consumers that a product or service originates from a particular undertaking which, usually through heavy investment in marketing and education of consumers by the brand owner, have come to be recognised as ‘green brands’. Additionally, there are also specific types of trade marks, namely certification marks, collective marks or guarantee marks, which indicate to consumers that a product complies with certain standards or characteristics. For organisation to be able to use one of these ‘green’ certification marks they must comply with certain regulations governing the use of the mark which are set and policed by the certification mark owner,” she said.
Fields cited the example of the certified sustainable seafood certification mark owned by the Marine Stewardship Council. That body broadly requires any certified fishery to operate so that fishing can continue indefinitely and is not overexploiting the resources, and to minimise the environmental impact of its fishing operations so as to maintain the structure, productivity, function and diversity of the ecosystem on which the fishery depends.
“Integrating environmental protection and sustainability into a company’s brand protection strategy can also add financial value as there is a direct correlation between trade mark registrations and a company’s growth and profitability,” Fields said. “With so much focus on these important issues globally, investing in green trade marks can therefore only be an advantage.”
Pinsent Masons’ intellectual property (IP) team is hosting a series of webinars focusing on climate change mitigation and sustainability. The first event is on 21 October and will look at how businesses can leverage IP rights to secure competitive advantage, protect financial investment and generate significant additional revenue streams while helping to build a greener future for everyone. You can register free to join us at the event.