What are the options for moving forward while remaining true to the EU's sustainability framework? Listen to Filip Gregor, head of Responsible Companies, Frank Bold
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On the podcast this week, we’re back with a full length conversation on the Omnibus proposal, which has been throwing uncertainty over Europe’s sustainability reporting, due diligence and sustainable finance laws.
Richard Howitt and Filip Gregor look back at our “Frankly Speaking on sustainability and competitiveness” organised in Brussels at the end of January, in which some of the top policy makers, experts and practitioners engaged in a constructive conversation on what simplification should look like.
In this episode, you’ll hear about:
As Richard reminds our business listeners in the episode: ensure that you are aligned with what the business association you are a member of is saying on your behalf in Brussels. We also urge companies to join the call upon the EU Commission to NOT dismantle its sustainability framework and ensure the legal certainty that companies need to efficiently plan their transition and implement the new legislations.
"I think we are in a panic mode. And it is not serving us well. I'm calling that out because it will backfire if we don't stop and start thinking more rationally. We need to be more focused in what we expect companies to do through the sustainability reporting standards. We need to reflect on practice and so on. But we can only do it if we know what we're doing, if we base this on evidence drawn on implementation experience from companies."
How can and should you address entity-specific reporting? Listen to Piotr Biernacki, EFRAG TEG Member and ESG Reporting Fellow at Materiality.
Will there be a just transition? Listen to Jason Judd, Executive Director of Cornell's Global Labor Institute.
Do our ideas about what makes companies competitive actually hinder the shift toward sustainability?
