Category Archives: Board of Directors

Climate Week NYC 2024 – Too Much Talk and Not Enough Action

The event began with an excellent observation: put people at the heart of climate action. But instead of demonstrating action, the event got bogged down in a flow of empty words at a time when what we really needed is tangible actions.

What’s up on Governance with CSRD?

The Corporate Sustainability Reporting Directive (CSRD) is a major piece of EU legislation that requires companies to report on a broad range of sustainability-related issues, including corporate governance. Under the European Sustainability Reporting Standards (ESRS), governance-related disclosures are covered under ESRS G1-G4, which outline specific expectations for corporate governance reporting. Boards have a role to play in CSRD, making the regulation and its enforcement a compulsory exercise where top management has “skin in the game”.

Role of Boards of Directors Overcoming Absence of COP Leadership

Absence of COP nor government leadership addressing climate issues is calling for a tripartite approach involving territories, civil society, and corporations. This is the right granular level able to steer holistic and effective response to the climate crisis. Boards of directors have leadership role to play to encourage companies engaging in these type of concrete climate actions.

Why Climate Action Enables to Respect Human Rights?

We at Ksapa are regularly asked by our clients across industries and markets why we always include environmental considerations into our human right projects. This linkage yet seems to require a bit of explanation. Here’s an attempt.

Corporate Sustainability Due Diligence Directive (CSDDD): Parliament is willing to adopt a more ambitious text than the Council

the European directive on corporate sustainability due diligence is gradually moving towards its official adoption. It has reached a new stage this Tuesday, April 25, 2023 with the adoption of the text by the Committee on Legal Affairs of the European Parliament (JURI). The text was adopted with 19 for, 3 against and 3 abstentions. As a reminder, the CSDD aims to impose on companies the exercise of due diligence with regard to potential or actual negative impacts on human rights, the environment and good governance in their operations and business relations

Board of Directors’ Duties Mitigating Climate and Human Right Risks

Increasingly, boards of directors are called upon to navigate the challenges presented by climate change, racial injustice, economic inequality, and numerous other human right issues that are fundamental to the success and sustainability of companies, financial markets, and economies.