Frank Bold together with other leading NGOs working on corporate sustainability and sustainable finance raised strong concerns about the delay in the publication of the Sustainable Corporate Governance initiative, as well as the lack of information explaining such new delay.
The shift towards a more sustainable economy committed through the EU Green Deal and the Sustainable Finance Agenda must be implemented at a corporate level. Connecting the dots between companies’ sustainability reporting, upcoming due diligence obligations and corporate governance is essential to support long-term value creation by EU companies. We therefore sent an open letter to the Commission urging them to support an effective proposal and to close the gaps in due diligence and corporate governance.
Read the full open letter "Risking Effective Sustainable Corporate Governance".
New reporting rules require certain large EU companies to include in their management report a non-financial statement. These companies need to begin gathering and auditing information in order to be prepared to publish the required information within good time after the end of the 2017 financial year. Frank Bold recently published a short guide on the Non Financial Reporting Directive that identifies who will be affected and explains how to comply with the new reporting requirements.
On September 28, Frank Bold will hold the Creating Sustainable Companies Summit gathering leading thinkers, businesses, policymakers and civil society in Brussels to chart the way to the next generation of corporations and future of corporate governance.
The Brussels office of the public interest law firm Frank Bold is currently recruiting a Legal Research Intern to start immediately full-time, for a period of two months, with the possibility of a four-month extension.
