Gabriel Resources lost the #ICSID arbitration and their $6.7bn claim. The people of Rosia Montana have won! #RosiaMontana is free, free at last! People power works. $GBU
In a win last month, the UK said it will leave the Energy Charter Treaty. Now, after a year of stalled negotiations, the EU is close to breaking free from this dangerous investment agreement, used by fossil fuel companies to sue governments over their climate policies. 1/2
Outraged at the political games being played in Council today on due diligence. Flagrant disregard for the European Parliament. Member States need to get their act together because time is running out. Press conference at 4pm.
https://t.co/GUBuu0ried
The EU Corporate Sustainability Due Diligence Directive is essential for business, people & planet. Will the EU prioritise short-term political gains of a few or the long-term resilience of our economy & ecosystems? 🌍
❗Secure #CSDDD now!
Read more: https://t.co/4xblP1wXfr
A critical debate is taking place today on the EU’s new corporate sustainability law #csddd. It’s one of the last opportunities to deliver a law that truly holds companies to account for their role in the environment and climate crises. Here’s what needs to happen 🧵(1/5)
Nous demandons aujourd'hui au Président @EmmanuelMacron de maintenir le leadership de la 🇫🇷 en matière de conduite responsable des entreprises. Les entreprises ont un rôle clé face à l'urgence environnementale et doivent agir de façon responsable. Nos demandes 👇#CSDDD
This is not only important to limit companies’ negative impacts on human rights & the environment – it's also essential for France to comply with its international obligations. RT thread if you think it's time for France to take a bold step towards a more sustainable future 🇫🇷🌿
3️⃣ Inclusion of the financial sector:
The financial sector plays a significant role in the global economy. Their investments and decisions can make or break our climate goals. Let's make sure they act responsibly too 💼 #climatefinance
2️⃣ Clear climate transition plans:
We need clear requirements on climate transition plans & these need to be implemented. France should lead the way by setting a high standard. This will avoid the risk of greenwashing and drive innovation and sustainable practices 🌱
1️⃣ Due diligence for climate impacts:
Companies must conduct due diligence on their climate and environmental impacts. It's time for businesses to actively address their contributions to climate change.
Today we sent a letter to President @EmmanuelMacron asking him to uphold France’s leadership in responsible business conduct.
Companies have a role in tackling the environmental emergency and must act responsibly.
Our three asks 👇 #CSDDD
Only with a strong and coherent #CSDDD that includes the implementation of transition plans can we strengthen the EU’s competitiveness & ensure economic activities are conducted in an environmentally & socially responsible way. 4/4
On Wednesday, @EP_Environment MEPs can vote for a strong compensation right under the EU's Industrial Emissions Directive (IED) – and they must.
But misleading allegations threaten to derail the vote. We're here to clear things up: [Thread]
💡Motivating CEOs to prioritize sustainability is crucial for both businesses and the planet.
Our latest briefing, supported by companies, investors, and non-profits, shows how directors' remuneration can influence their decision-making:
https://t.co/6BAQmNvqsn
📣As negotiations on #EU's Due Diligence Directive progress, human rights and environmental NGOs are calling for MEPs to support increased protections for the rights of #IndigenousPeoples and #LocalCommunities during the vote tomorrow in @EP_Legal.
https://t.co/96xObskorl
.@EU_Commission now favors a coordinated EU exit from the #EnergyCharterTreaty [ECT].
❓ What key legal issues are created by the withdrawal?
❓ What does it mean for the future of the #ECT?
Join our event with @ClientEarth & @IISD_news on Match 15th: https://t.co/qRyuigSa4Y
Big win this morning as the @EP_Environment voted to strengthen new EU rules on corporate sustainability due diligence and include climate. This brings us a step closer to ensuring this vital law will help the EU meet its climate goals.
It will also answer the calls from a wide range of stakeholders - from business to investors - for greater legal clarity on corporate reporting and risk assessment practices as they move to more sustainable operations.
https://t.co/KEMl8FEUS5
Important position of the @IIGCC ahead of the vote in the @EP_Environment this Thursday!
👉It's up to the ENVI Committee of the EU Parliament to ensure effective corporate action on #climate and set clear requirements for climate #transition plans. @peterliese, @Esther_de_Lange
The EU is working on a new law to foster sustainable and responsible corporate behaviour – but it lacks ambition on climate. Here’s why including clear requirements on companies’ climate impacts is key to driving meaningful action: https://t.co/Bk9xBmnlzd
Such requirements would enable effective implementation of a tool that is already referenced in the EU’s Corporate Sustainability Reporting Directive and Taxonomy Regulation.