In December Frank Bold team co-organised a meeting of NGOs and representatives of the Member States of the European Union. The all-day meeting in Brussels was prepared in cooperation with our colleagues from European Environmental Bureau and Client Earth.
Our lawyer Laura Otýpková discussed the possible ways of improvement of the culture of regulating industrial activities with experts from Sweden, Germany, France, Belgium and the Netherlands. This topic is very relevant because of the ongoing industrial emissions directive review process which is being carried out by the European Commission.
We shared our insight into the topics of setting of conditions in integrated permits, derogations from emission limits or public participation and access to information with the experts. We discussed also the good practice, which was presented by the representatives of European member states.
At the end of March, we founded the Community Energy Union with the goal of creating a clean and safe future for the Czech Republic. In 2021, as Frank Bold, we held a series of online and offline workshops to identify weak spots and gain the support of a number of important stakeholders who are now members of our Union.
The Russian war in Ukraine has, in addition to the COVID-19 global pandemic, once again highlighted the need for corporate human rights and environmental due diligence (HREDD) regulation, such as the proposed EU Corporate Sustainability Due Diligence Directive (CSDDD).
The next months are key to determining what kind of sustainability data companies will disclose. For the transformation to an economy within planetary boundaries, we call on the ISSB to develop standards that go beyond climate, require reporting on key impact data and ensure climate-related disclosures are sufficiently granular to be meaningful.