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.
Following the request of Commissioner Albuquerque, and after intense months of work from experts in the business, investor and audit community, as well national standard setters and civil society experts engaged officially in EFRAG, the revised ESRS are now publicly available and open for consultation until the end of September.
Frank Bold’s research shows significant improvement in corporate disclosures largely due to the standardisation brought by the EU Corporate Sustainability Reporting Directive. Companies are reporting ambitious climate targets and disclosing clearer, more comparable and meaningful sustainability information.
As the EU navigates a critical period for its economic and environmental future, recent developments expose a troubling disconnect between political promises and policy action. What should we expect from our elected leaders when the foundations of sustainable competitiveness are being dismantled?