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.
After 18 hours of negotiations, the European Parliament, Council of the EU and European Commission reached a political agreement this morning on the Corporate Sustainability Due Diligence Directive (CSDDD). The decision was preceded by a four-year long legislative process at European level and builds on national laws in France and Germany.
In the context of the last phase of the negotiations on the Corporate Sustainability Due Diligence Directive (CSDDD), Frank Bold initiated a multistakeholder statement together with the Responsible Business Alliance (RBA) and Shift.
Today, the European Parliament successfully fended off efforts to reject the European Sustainability Reporting Standards (ESRS), a key legislative piece to ensure the effective application of the Corporate Sustainability Reporting Directive (CSRD) and the transitioning efforts in the context of the Green Deal. A majority of 359 Members of the Parliament voted against a motion to reject the ESRS and its replacement with an emptied and diluted piece of legislation.