Listen to David Vermijs, Director of Business Engagement at Shift
This episode of Frankly Speaking welcomes David Vermijs and discusses the final draft of the first set of European Sustainability Reporting Standards (ESRS).
The draft Delegated Act from the European Commission is currently subject to a feedback period until the 7th of July. He is also a member of EFRAG's Sustainability Reporting Board, the body which undertakes the technical work to recommend the new sustainability reporting standards.
You will hear more about:
“Some of the biggest leaders in our world, including indeed the president von der Leyen, also President Biden, Emmanuel Macron gave this very message, saying that, yes, we need a transition, but we need a transition towards a climate neutral economy leaving no one behind. We got to make sure that that also comes through in the reporting standards. We do want the reporting to be meaningful and to be representative of what's happening in practice.”
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The Taskforce on Inequality and Social-related Financial Disclosures (TISFD) wants to do for social issues what the TCFD did for climate a decade ago: harness capital markets to drive corporate action, this time on inequality and people-related risk.
What’s the track record of German companies implementing the LkSG? Listen to Sarah Hechler, previously Social Project Manager at the UN Global Compact Netzwerk Deutschland, and Christopher Bayer, Senior Researcher on the study and Principal Investigator at Development International
Are US companies retreating from or respecting human rights? Listen to Bennett Freeman, former US Deputy Assistant Secretary of State for Democracy, Human Rights and Labor and Chloe Cole, Senior Researcher in US Business and Human Rights at the Business and Human Rights Centre
