Listen to Sandra Cossart, Executive Director of Sherpa and Strategic Litigation expert.
The Grantham Institute - Climate Change and the Environment database now records more than 2000 cases of environmental, social and governance (ESG) issues, a tripling of the number since just 2019. Recent high profile cases have seen Shell ordered to cut its emissions in the Dutch courts. Volkswagen car owners winning compensation over false environmental claims about their vehicles. And the Bank of New York Mellon Fund fined 1.5 million USD about a failure of checks on ESG investment funds.
Some of Sherpa’s cases include current action seeking to get TotalEnergies to comply with the Paris Climate Agreement, a case seeking judicial investigation against fashion companies for alleged concealment of human trafficking and crimes against humanity in their supply chains and the prosecution of construction company Lafarge for crimes against humanity in Syria.
In this conversation, find out more about:
“We've been pushing for the CSDDD for years. The fact that there is a directive is a very positive sign because ten years ago we would not have bet on that. It also unleashed corporate lobbies that have undermined the text of the commission which was already not very ambitious. To be really efficient and to prevent environmental and human rights harm, changing the civil liability regime and reversing the burden of proof for victims is a prerequisite.”
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Is product-level reporting rather than firm-level reporting better for the competitiveness of European industry? Listen to Brian Hill, Academic Director of the Inclusive Economy Center in Sustainability and Organisations Institute at HEC Paris, and Research Director at the French National Centre for Scientific Research, CNRS.
What’s the verdict on how well first-wave companies have been reporting according to the Corporate Sustainability Reporting Directive? Listen to Frank Bold’s own Lorena Bisignano and Louis Establet
What will Omnibus 1 mean for the future of sustainability reporting in the EU and beyond? Listen to Julia Otten, Senior Policy Officer at Frank Bold and Andreas Rasche, Assistant Dean and Professor of Business in Society at Copenhagen Business School
