From September 9 Justice and Environment is meeting in Opatija (Croatia) for a 5-day AGM during which a legal seminar and a strategy meeting also takes place.
The meeting is in order to discuss the status of access rights in light of the upcoming Access to Justice Directive, the future of PCIs within the EU energy infrastructure regulation, the outcomes of a survey on public awareness of the Aarhus Convention and EU law and to prepare strategies, communications plans, fundraising proposals for the future and to decide administrative matters. The meeting is financed be the Central European Initiative.
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.
