Filip Gregor
Head of the Responsible Companies Team
The International Corporate Accountability Roundtable (ICAR), the European Coalition for Corporate Justice (ECCJ) and the Canadian Network on Corporate Accountability (CNCA), are pleased to announce the launch of our Human Rights Due Diligence Report, the common approaches and available options resulting from the “Human Rights Due Diligence Project.”
Over the past year, our group of Experts (Mark Taylor, Professor Olivier de Schutter, Robert Thompson and Professor Anita Ramasastry) has examined the issue of how States meet their duty to protect through using their regulatory authority to encourage or mandate human rights due diligence behavior by corporations.
Their examination was informed by private consultations with over 50 lawyers, practitioners, and representatives of civil society from each continent. The report will offer the interpretation of common approaches and available options for States to meet this duty.
We will launch our report at a side event of the U.N. Forum on Business and Human Rights, with a Keynote Address from Member of European Parliament Mr. Richard Howitt.
Please join us at the Palais des Nations on 3 December 2012 for the report launch and a reception to follow at Bar Escargot.
To RSVP, please register or email Katie Shay.
Responses are appreciated before 28 November 2012.
More information about the Human Rights Due Diligence Project.
The European Commission has published its draft Delegated Regulation revising the European Sustainability Reporting Standards (ESRS). The revision follows the Omnibus I Simplification Package and is presented as a burden-reduction measure. Some of it is - but a closer reading reveals a set of changes that go well beyond simplification, departing from EFRAG's technical advice and disregarding formal recommendations from the European Supervisory Authorities. Many of these changes have significant implications for the quality and comparability of sustainability data available to the market and public.
By approaching sustainability strategically, companies can turn corporate reporting into a powerful tool to identify their exposure to climate and social risks in their value chains, future-proof the resilience of their business model and build trust with investors, customers and partners alike.
The EU Sustainable Finance Disclosure Regulation (SFDR) is a cornerstone of the EU’s sustainable finance framework, but the Commission’s proposed amendments risk weakening comparability, ambition and product differentiation if key loopholes remain unaddressed.
