In mid-December, the European Commission acknowledged a large part of the arguments put forward by the Czechia in an effort to prevent the expansion and continuation of illegal mining at the Turów mine in Poland, that endangers the sources of drinking water for thousands of people in the Liberec region and, according to new studies, has serious impacts on groundwater in Germany as well. Frank Bold's lawyers, who defend the interests of Czech citizens, have long been involved in the case.
"We are pleased that the European Commission has heard our call and issued a reasoned opinion stating that Poland has violated the directives - a major milestone in this case. The Czech Republic is now in a stronger position on the road to the European Court of Justice. The link between the action and the interim measure to stop mining is crucial at this stage. Therefore, we provide full cooperation to all parties and collect the latest information on the impact of mining, which locals feel every day," said Petra Urbanová, lawyer at Frank Bold.
The Turów mine supplies fuel to the adjacent power plant and has a mining permit until 2026, which was granted in violation of EU rules, which has now been confirmed by the European Commission. At the same time, Poland has long declared that it plans to mine in Turów until 2044. The mine should expand to 30 square kilometers. An out-of-court settlement with Poland has not yet been reached.
More information about families endangered by mining in Turów can be found at https://www.waterorcoal.org/.
Investors, asset managers and civil society organisations call for the prompt implementation of the reform on corporate sustainability reporting and EU standards
Frank Bold together with other leading NGOs working on corporate sustainability and sustainable finance raised strong concerns about the delay in the publication of the Sustainable Corporate Governance initiative, as well as the lack of information explaining such new delay.
Due diligence is a precondition for the sustainable activities as defined by the EU Taxonomy and green financing under the Sustainable Finance Disclosure Regulation, including green bonds. Particular ESG due diligence requirements will be regulated by the forthcoming Sustainable Corporate Governance Directive. To help companies better understand its scope and to clarify its requirements, Frank Bold is hosting a webinar. It will feature international experts from companies such as Ericsson and outdoor clothing manufacturer Vaude. We invite you to join us on 26 January at 10 am CET.
