Worrying to see some of Europe’s biggest CEOs calling for the full abolishment of corporate due diligence rules.
Six months ago, the same voices were calling for “simplification.” Now they want to scrap the framework entirely. What changed? (1/7)
"The rich cause #globalwarming. They're responsible for 70% of the stock of GHG in the atmosphere, for using up 60% of the world's carbon budget.
You can't scoff 60% of the cake and say 'Well, we all need to cut back now'"
@AvinashPersau15@TEDCountdown
https://t.co/oWofl2077b
🔴 #DevoirDeVigilance : les autorités 🇫🇷 sont sous influence des lobbies du secteur financier, et en particulier de @BlackRock.
➡️ C'est ce que montre la dernière enquête de @obs_multinat 😱
#CSDDD
Notre réaction avec @amisdelaterre ⬇️
https://t.co/9Jp2RUPUqz
The hottest days ever on Earth have were recorded last week 🔥😢
Climate crisis is 'out of control', says UN after world's hottest week – video
@guardian#ClimateCrisis#ClimateEmergency
https://t.co/K3GmpYDk3i
"Almost 100 European asset managers and banks plan to call on the EU to make climate reporting mandatory"
Investors want to be able to assess the credibility of companies' transition plans to avoid #greenwashing 🙌
#CSRD#ESRS https://t.co/P0T5pWOC6G via @business
If you are a communications consultant passionate for climate and sustainable finance policies, come join the European Climate Foundation! 🌎
Remote work possible. Application deadline: 2 Aug. 👇
https://t.co/PK05mSRvMs
#EUjobs#communicationsjobs#communicationconsultancy
"Faith leaders call for a strong EU law that is aligned with international standards, and that covers a substantial and wide range of human rights and environmental impacts through a company’s whole #valuechain"
#CSDDD#corporateaccountability@CIDSE
https://t.co/FpbTBBh3aK
🚨Financial institutions worried about lack of ambition shown by the @EU_Commission on the sustainability #reportingstandards 🚨
Investors need consistent metrics across companies to decide how to sustainably invest their money 💸👇
#ESRS#CSRD#ESGinvesting
Draft 🇪🇺sustainability reporting standards now under consultation are "a significant rollback of ambition" some investors groups say
The standards, to be set in August, will determine what companies must declare about their environment & climate impacts https://t.co/OlWjUbLX62
The global financial architecture is both unfair and inadequate to meet the challenges of our time.
Global leaders at the #NewGlobalFinancingPact Summit today must channel the “spirit of Paris” once again.
Huge opportunity to get the first steps of this needed reform right. 1/3
“We need a complete rethink of the whole nexus of climate, debt and development” Avinash Persaud.
“What we are seeing today is new – countries affected by climate disaster, this is happening now. Countries are drowning.”
#NewGlobalFinancingPact 🌍
NEW 🚨 French waste management giant @Veolia is accused of buying a “toxic” Colombian landfill & has failed to address the risks to defenders who speak out about pollution.
We need the EU 🇪🇺 to pass a strong #CSDDD law to stop corporate abuse like this.
https://t.co/oYNvL6151z
⚡️New⚡️
“Fossilflation” isn’t a word we hear a lot, and yet it’s largely to blame for the enormous strain on our finances right now. Only by understanding the real causes of our problems can we pursue the right solutions!
Watch & share this video👇#Fossilflation
Our banks are in a hidden relationship with oil companies. Together, they’re fuelling climate change 🔥
Watch our powerful new film today and help them break up 💔
https://t.co/7HTG8A0wDw
Responsible investors' views on #CSDDD👇
"To have the greatest impact on real-world emission reductions, it must require all in-scope companies to adopt robust transition plans including climate targets, demonstrating their efforts to align with 1.5C of global warming" 🌍
Policy experts Emily Murrell, @EliseAttal and Aleksandra Paliska shared their view on the proposed EU directive on corporate sustainability due diligence (CSDD) with @Enviro_Finance. 🗨🌍
🗣 IIGCC | @PRI_News | @Eurosif 💡
⬇ Read more below:
https://t.co/9ljrbh5rgP
I joined climate experts, academics, economists and former Commissioners in urging the EU to hold companies & financial institutions accountable for their climate impacts along value chains
#CSDDD 1/4
https://t.co/sPr8NWhd7N
The IPCC & most vulnerable nations clarify the job ahead of us:
- In the Pacific, the struggle to survive has started.
- 3.3 billion people worldwide -- nearly one in two -- are now highly vulnerable to extreme impacts.
- Saving 1.5C = ending fossil fuels. Full stop.
1/2
“Humanity is on thin ice — and that ice is melting fast,” United Nations Secretary-General Antonio Guterres said.
“Our world needs climate action on all fronts — everything, everywhere, all at once.” https://t.co/BtILTrIGfk
"Revising directors’ duty of care on an EU level would be a strong signal that it is no longer tolerable for directors of companies to operate without considering the wider implications of their decisions and to justify them based only on profits."
"Of the 27.5 million businesses in Europe, around 1% adopt a form of governance that commits directors to consider sustainability matters and stakeholder interests"
via @BCorpEurope#CSDDD#HoldBizAccountable
https://t.co/uXsBChdOdr
BREAKING 🔴 Dutch companies @beleefboskalis and @atradiusdsb will profit from a mega-airport in the Philippines which is displacing nearby communities and devastating ecosystems, our new investigation reveals.
Read and share: https://t.co/BGGuBugd4i