Frank Bold is a member of EFRAG’s Sustainability Reporting Board, which is responsible for steering the direction of the technical work, and ultimately endorse the submission of draft standards to the EU Commission.
This advisory body gathers representatives from multiple stakeholder groups, namely preparers and users of sustainability data. As of 2024, companies will start to apply the first set of sector-agnostic standards. EFRAG’s work will continue with the development of technical proposals for sector-specific standards, which are of particular importance to clarify what companies need to report on material risks and impact that are prevalent in their specific industry (as these details were not cover in the first set of sector-agnostic standards).
The EU Sustainability Reporting Standards are a major milestone in corporate transparency to ensure more consistent and comparable sustainability disclosures.
Frank Bold coordinates the platform which brings together leading civil society organisations and engages with major business and investor representatives in order to discuss the gaps, challenges and implementation of sustainability disclosure obligations and standards.
The initiative led by Frank Bold provided important research that informed the development of the European framework for corporate transparency on sustainability matters. Drawing from the conclusions of major studies, specific policy recommendations were submitted to EU regulators for the development of the legal framework.
The platform includes dedicated spaces to discuss policy developments with business and financial leaders through a Policy Forum and Business Advisory Panel.
Frank Bold is part of the board of the European Coalition for Corporate Justice, the largest civil society network devoted to corporate accountability, gathering more than 480 NGOs, trade unions and academic institutions throughout Europe. ECCJ works to develop and promote a clear and meaningful framework for corporate responsibility regarding impacts on human rights and the environment based on UN and OECD standards.
ECCJ advocates for improved access to justice and remedies for victims of corporate abuse; and greater corporate transparency based on meaningful value chain reporting that complements financial information with impacts on people and the planet.
The B Corporation certification is a standard for responsible corporate governance that integrates public benefit with a successful business. We have been its holders since April 2016. In addition, a member of our team is also a member of the B Lab Europe advisory board, an organisation that develops this certification.
Frank Bold has been developing an innovative business model that combines the best of business and the non-profit sector. Within the Frank Bold consortium, the legal services for companies are provided by Frank Bold Lawyers, whose values and established internal process guarantee that they will never defend corruption, cover-up crimes, legalise dirty money, participate in environmental damage or violation of human rights.
Frank Bold participates in an informal platform gathering diverse stakeholders, namely accounting, corporate, NGO and financial community, with a common interest to advance the sustainable finance agenda in the EU. This group has engaged with the European Parliament through events, meetings as well as common recommendations on policy proposals.
Frank Bold is part of OECD Watch - a global network of civil society organisations with more than 130 members in over 50 countries. OECD Watch’s aim is to inform and advise the global NGO community on how to use the OECD Guidelines for Multinational Enterprises (OECD Guidelines) and its associated grievance mechanism to achieve corporate accountability and access to remedy for people harmed by corporate misconduct.
Frank Bold is a member of the EEB, the largest network of environmental citizens’ organisations in Europe. It currently consists of over 180 member organisations in 40 countries, including a growing number of networks, and representing some 30 million individual members and supporters. This network advocates for progressive policies to create a better environment in the European Union and beyond.
