The COP series has reached a terminal phase of effectiveness. Let’s take a look at the role now expected of local authorities to bolster climate action.
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.
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
CS3D, Deforestation, Social Taxonomy, Forced Labor, MACF… The year 2023 is rich in legislative developments carried by the European Union. Review of these developments that impact European companies but also companies located outside the EU doing business with the EU by Ksapa teams.
Green Taxonomy, SFDR, benchmarks regulation, green bonds… Since 2018 and the introduction of its Sustainable Finance Plan, the EU has adopted several acts aimed at its practical implementation, as well as their articulation with schemes governing economic assets such as CSRD, CS3D or MACF. Here is a quick explanation.
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.
The Sharm el-Sheikh climate conference produced what we anticipated in our pre-event newsletter: a combination of frustration with the climate emergency, and a sense of an event that has become obsolete in its current format. The conclusions confirm three lessons for companies and investors.
Human Rights is an important topic that is connected to the global environmental agenda. Anyone practicing in the sustainability and impact sector must have a clear understanding of the global issues of human rights. In this context, Ksapa organized a webinar on Using Effective Human Rights Due Diligence to Streamline Compliance Efforts, and this blog outlines the key takeaways.