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24 March, 2023

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Tag: European Commission

European Commission president Ursula von der Leyen

NGOs challenge European Commission on delay to human rights law

Amnesty International and Oxfam are among 47 NGOs that have written to European Commission president Ursula von der Leyen demanding progress.

EU flag

MEPs protest over EU sustainable corporate governance measures

Members of the European Parliament have written to commissioners amid fears that key measures in the legislation will be watered down.

Businessman looks at green graph showing growth

Business leaders issue warning on governance rules and sustainability

Without the European Commission’s reforms, governance systems “will act as countervailing forces against achieving sustainability objectives”.

CSO with green tie and leaf in his top pocket

Norges Bank rejects idea of standards for board sustainability skills

“Prescriptive requirements for directors’ ESG expertise will be difficult to implement and may impede board formation,” warns the investor.

EU flag

Brussels pushes ahead with project for new European governance

Consultation adds new obligations on human rights and stakeholder interests to a raft of measures encouraging long-term value creation.

Businessman looks at green graph showing growth

Harvard experts slam EU report on long-term strategic thinking

European Commission study contains “deep flaws”, conflates key factors and “touts cures” that could be “counterproductive”, academics warn.

EU flag

EU urges firms to focus on long-term strategy over short-term goals

European Commission study finds shareholder pay-outs increased fourfold from 1992–2018, with a fall in the ratio of capex and R&D investment to revenues.

EU flag with wind turbines

EU set to review its Non-Financial Reporting Directive

The sustainability reporting rules have faced criticism for failing to produce the detailed disclosures required to confront climate change.

EU flag with wind turbines

European agreement on sustainable business taxonomy divides opinion

European institutions have agreed a taxonomy of sustainable economic activity, but critics warn it could impose “unjustified additional burdens” on firms.

A new agenda for Europe: capital markets union, sustainability and IPOs

The European Commission has a new president and is working on its strategic agenda. What should be the new administration’s priorities?

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