Tag: Mario Draghi
Large number of US companies caught by new EU sustainability law
The Corporate Sustainability Due Diligence Directive still has ‘some of the world’s largest polluting companies’ in scope, say campaigners.
Campaigners look to UN to bolster human rights
Upcoming negotiations provide new opportunity, after the one lost by the EU in revising its due diligence directive, says law professor.
EU Council passes the Corporate Sustainability Due Diligence Directive
Although it is a major piece of legislation, campaigners say it falls short now that its scope has been extensively reduced.
Draghi calls for a pause on EU AI Act
The legislation is a ‘source of uncertainty’ and should be put on hold, according to the former European Central Bank president.
Support grows for retaining core sustainability reporting
A letter signed by 475 companies and investors sets out measures to achieve ‘the EU’s economic and sustainability goals’.
200 organisations protest at diluting sustainability reporting rules
A letter signed by 200 high-profile organisations urges the EU to retain the 500+ employees threshold in the sustainability reporting directive.
Governance watchdogs reaffirm support for ‘diverse leadership’ and ‘inclusivity’
The chairs of eight governance regulators from across the UK and Europe issue statement backing diversity and inclusion amid pressure from the US.
European Commission’s ‘omnibus’ proposals come under fire
The European Central Bank points to ‘significant’ issues with suggested plans to reduce the scope of sustainability reporting.
Will the EU give the US a pass on its sustainability law?
The current political climate makes the enforcement of EU legislation in America unlikely, suggest academics.
UN weighs in on EU human rights due diligence debate
UN Working Group on Business and Human Rights calls on EU “not to reopen” controversial measures in the Corporate Sustainability Due Diligence Directive.