The International Sustainability Standards Board is presenting in London this Tuesday the work plan for the upcoming two years, including research projects to develop standards for companies’ reporting on biodiversity and human capital.
In reaction to this, we publish a statement signed by a group of civil society, investor and corporate associations namely B Lab Global, Eurosif, ECOS, Frank Bold, World Benchmarking Alliance, ShareAction, Mouvement Impact France and Shift and features public positions submitted by UNEP FI, WBCSD, PRI or the OECD.
The statement reflects positions and recommendations submitted to the ISSB by some of the largest investor and corporate associations, global institutions and leading NGOs in the fields of environment and human rights, including:
Read the full statement below.
In response to demands from investors and companies, the European Commission presented a proposal for a Corporate Sustainability Due Diligence Directive (CSDDD) in February 2022. The Directive is also a response to France, Germany and Norway adopting legislation on due diligence and attempts to harmonize and introduce one European standard of responsible business conduct.
After several months of delay, today, the European Commission presented its proposal for a Corporate Sustainability Due Diligence Directive in Brussels. The main objective of this new legislation is to integrate into European law international standards such as the UN Guiding Principles on Business and Human Rights - adopted globally over a decade ago - and standards developed and approved by the OECD.
What is the content of sustainability due diligence standards, how can companies effectively implement due diligence, and what challenges and benefits does it bring to businesses? These and other questions were answered by speakers at the webinar organised by Frank Bold.
