Frank Bold news

In light of today’s State of the Union Address by President von der Leyen and the  ‘SME relief package’ presented by the European Commission yesterday, Frank Bold calls on the Commission not to disregard the political agreement reached in 2022 on the Corporate Sustainability Reporting Directive (CSRD).

A new study by the Frank Bold expert group analyses the legal regulation of community energy in EU member states down to the practical implementation. In response, it presents seven specific recommendations to improve the legislation of energy laws, as well as the planned implementing regulations.

Last Friday, we submitted our recommendations to the International Sustainability Standards Board (ISSB)’s agenda priorities.

Today, the European Parliament has adopted its negotiating position on the proposal for a Corporate Sustainability Due Diligence Directive (CSDDD).  A majority of 366 Members of the Parliament voted in favour of almost all the amendments endorsed by the Committee on Legal Affairs in April, with 225 votes against and 38 abstentions.

More than a half of the energy consumed in the EU is used to heat and cool homes, offices, shops and other premises. In the context of the EU's efforts to reduce emissions, the decarbonisation of the heating sector is therefore inevitable. But how to achieve a successful transformation of the heating sector in the Czech Republic? We have reviewed examples of community heating plants abroad and outlined solutions applicable in CZ as well.

By the end of July, the European Commission is expected to adopt its first set of sustainability reporting standards (ESRS). The standards will impact 50,000 European companies and thousands international corporate groups. As part of the EU Corporate Sustainability Directive (CSRD) ecosystem, they will require large companies to report information on their sustainability impacts on people and planet as well as their sustainability-related risks and opportunities.