MEP letter to Commissioners on Sustainable Corporate Governance initiative

The undersigned Members of the European Parliament have today, 22 June 2021, sent a letter to President von der Leyen and 13 commissioners reiterating some of the key demands of the European Parliament’s legislative own-initiative resolution regarding the upcoming proposal on Sustainable Corporate Governance. To:President Ursula von der LeyenExecutive Vice-President Frans TimmermansExecutive Vice-President Margarethe VestagerExecutive

Heidi Hautala’s ACCA keynote speech: Creating value and managing impact through integrated sustainability disclosure

Dear listeners,  I’m happy to be invited to give the keynote speech today on creating value and managing impact through integrated sustainability reporting. There is no question that a systemic transformation of our societies and economies is an imperative. Biodiversity loss, pollution, chemicals and climate change, poverty, modern slavery and other grave human rights violations

Inaction is not an option: specific solutions to tackle sustainability gaps in corporate governance

In the face of recent opposition addressed to the EU Commission by some business associations and specific governments from Nordic Europe, NGOs have reiterated their support for the European Commission commitment to present an initiative on Sustainable Corporate Governance in 2021, following the roadmap set in the EU Green Deal and the Action Plan on Sustainable Finance.

Final Committee Report on Corporate Due Diligence

The final committee text of the Corporate Due Diligence report from the Legal Affairs Committee (JURI), rapporteur Lara Wolters (S&D NL), is now out.The report consists of a motion for a European Parliament resolution and accompanying recommendations for drawing up a directive on corporate due diligence and corporate accountability. Ms Wolters’s report was adopted by 21 votes in

An EU mandatory due diligence legislation to promote businesses’ respect for human rights and the environment

All around the world, businesses are responsible for human rights abuses and environmental harm, as underscored by the recent COVID-19 crisis. Businesses must not be allowed to close their eyes to the impact of their business decisions on other actors in the chain. Voluntary measures have proved to be vastly insufficient, as recognised by the

A joint call for EU mandatory human rights & environmental due diligence

On 2 September, 26 companies, business associations, and initiatives released a joint statement calling for EU-wide, cross-sectoral mandatory human rights and environmental due diligence legislation.  Several signatories have already supported calls for mandatory due diligence at a national level through previous statements and ongoing campaigns. This is the first pan-European, international as well as cross-sectoral

RBC

EP RBC Working Group: EU is well placed to show leadership with its future due diligence legislation

EU Commissioner for Justice, Didier Reynders, made a landmark announcement last month in a webinar organized by European Parliament’s Responsible Business Conduct (RBC) Working Group. The group represents the key MEPs working on Business and Human Rights across political groups and parliamentary committees.  Mr. Reynders declared that in 2021 he will propose a Mandatory Human