Sustainable corporate governance

Frank Bold and the Climate Disclosure Standards Board (CDSB) are organising an online discussion for policy wonks on how the EU sustainable corporate governance initiative and the reform of the EU Non-Financial Reporting Directive can be focused on helping companies and financial markets to develop and connect sustainability strategies, target setting, transition plans and reporting obligations. The event is tentatively planned for February 9 (9.30 – 11h) and you can already register to take part in the event here.

Meeting the goal of the EU Green Deal to achieve no net GHG emissions by 2050 requires at least half trillion euros of additional investments in the EU every year and will involve significant market and regulatory changes targeting every sector of the economy. The positive impact of both legislative initiatives is closely connected and depends on that of the other. However, the broad examination of corporate governance conducted by DG Justice has recently opened a heated debate.

This event aims to take a sober look at the connection between the non-financial reporting and corporate governance reforms, with the objective of building consensus on the critical changes needed for the success of the system, without reinventing the wheel or breaking what works.