25. 4. 2023 Julia Otten

Fostering sustainable value chains

The Committee on Legal Affairs of the European Parliament adopts improvements on the Corporate Sustainability Due Diligence Directive Today the Legal Affairs Committee of the European Parliament has voted in favour of a set of compromise amendments to the Commission’s Draft Corporate Sustainability Due Diligence Directive (CSDDD). The Committee’s position was adopted with a strong majority of 19 to 3 votes. The compromises further strengthen the risk-based approach to due diligence compared to the Commission’s proposal and the Council’s General Approach.

9. 12. 2022 Julia Otten

Joint Statement on the Corporate Sustainability Due Diligence Directive

Frank Bold, ShareAction, Accountancy Europe, Eurosif, Finance Watch and WWF, as members of the Informal Group on Sustainable Finance, have released a joint statement on the EU’s Corporate Sustainability Due Diligence Directive (CSDDD).In the statement, five key recommendations are suggested that will embed environmental, climate, and social impacts into the company's long-term strategy.

28. 11. 2022 Susanna Arus

EU Commission’s advisory group publishes the first set of sustainability reporting standards. NGOs warn against reduction in ambition.

Sustainability reporting experts and NGOs welcome the adoption of the EU sustainability reporting standards (ESRS) by EFRAG submitted this week to the European Commission. Whilst the ambition of the ESRS remains limited in several areas, they represent a major improvement for companies as well as for users of sustainability information and address the biggest problems in quality and reliability of corporate reporting. 

23. 11. 2022 Julia Otten

New podcast: Frankly Speaking about Responsible Business

We have launched ‘Frankly Speaking’ - a new podcast discussing the latest political, legal, and business developments in the field of ESG, business and human rights, and corporate reporting.