Categoria: International update

It includes:

Taxonomy: MEPs object to Commission’s plan to include gas and nuclear activities
Coreper: Vote on the provisional agreement on Women on boards
EBA: Guidelines on role and responsibilities of the AML/CFT compliance officer
US: SEC looks at stricter rules for index providers (Financial Times)
Basel Committee: Principles for effective management and supervision of climate-related financial risks
BlackRock doesn’t want to be ‘environmental police’ (Bloomberg)
UN compaign toughens standards for company net-zero plans (Reuters)
A record number of companies are committing to and setting science-based climate targets (STBi)
EU Business Biodiversity Platform: Consultation on biodiversity measurement standards
UK: Plans to curb corporate crime (Financial Times)

• 17th of June: Béatrice Richez-Baum speaking at ESAE event on conflit resolution and governance review in associations;
• 21st of June: ecoDa’s team will meet FESE to discuss the CSDD;
• 24th of June: ecoDa’s Task Force on EFRAG Consultation meeting.

The EU Alert is available for download here.

EUROPEAN INSTITUTIONS DEVELOPMENTS

Corporate Sustainability Due Diligence Directive: Update
European Green Bond Standard: new measures to reduce greenwashing
Ban on products made with forces labour: EP recommendations

INTERNATIONAL DEVELOPMENTS

More shareholders rejecting companies’ executive pay program

NATIONAL DEVELOPMENTS

France: BNP Paribas’ general assembly disturbed by NGOs (Les Echos)
France: Total takes further climate commitments as a result of investors’ pressures (Les Echos)

WEBINAR

EC: Capital Markets Union: investing for a stronger, prosperous and sustainable European Union

ecoDa News

• 23rd of May (11.00 to 12.00 CET): ecoDa and EY will organize a webinar on “How can a focus on governance can help reimagine corporate integrity?“;
• REMINDER: 13-14 July: GNDI Global Conference: Registrations are now open;
• The summary report of ecoDa / Mazars joint webinar on “The impacts of Taxonomy on bank loans and SMEs” is now available;
  

The EU Alert is available for download here.

Cari Associati,
vi segnaliamo il webinar “How can a focus on governance help reimagine corporate integrity?” organizzato da ecoDa insieme a EY e INSEAD Corporate Governance Centre in programma per il 23 maggio alle ore 11:00 – 12:00 CET.

Per registrarti CLICCA QUI.

It Includes:

EUROPEAN INSTITUTIONS DEVELOPMENTS

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Provisional agreement on the Digital Operational Resilience Act
Corporate taxation: Commission proposed tax incentive for equity
New rules on cybersecurity

INTERNATIONAL DEVELOPMENTS

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Climate change: Blackrock steps back (CNBC)
NACD: Comments to the SEC proposed rules on cybersecurity risk management, strategy, governance and incident disclosure

EUROPEAN DEVELOPMENTS

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ecoDa: Reactions to ATAD III

WEBINAR

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SABS Standards Board public meeting

ecoDa News

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• 16th of May: Béatrice Richez-Baum, ecoDa’s DG, speaking at the Legal Committee of the French Institute of Directors;
• 20th of May: Béatrice Richez-Baum, ecoDa’s DG, speaking at a conference organized by PUBLIKA, the internal think tank of the SKEMA Business School in partnership with the ONUDI;
• SAVE THE DATE: 23rd of May (11.00 to 12.00 CET): ecoDa and EY will organize a webinar on “How can a focus on governance can help reimagine corporate integrity?“;
• SAVE THE DATE: 14th of June (6.00 to 8.00pm CET in Brussels): ecoDa and Chapter Zero Brussels invite you to a discussion between policy makers and European board members to discuss the EU Green Deal; You can already express your interest to attend at policy@ecoda.eu;
• REMINDER- SAVE THE DATE: 13-14 July: GNDI Global Conference. To celebrate the 10th anniversary of the GNDI, which ecoDa is part of, the network will be host a 24-hour virtual event, where Abigail Levrau (Chair of ecoDa’s Corporate Governance Dialogue Advisory Committee), Michael Hilb (ecoDa Board Member) and Béatrice Richez-Baum (ecoDa’s DG) will intervene;
• ecoDa is delighted to welcome a new member institute, the Financial Experts Association e.V. (FEA), which represents German and international non-executive directors in supervisory and advisory boards.

The EU Alert is available for download here.

This event for non-executive directors of banks and financial institutions will help attendees with the practicalities of putting together a net zero plan.

Topics for discussion will include what good looks like, the challenges, potential pitfalls, and how it impacts business and strategy.

This session will be moderated by Francesca Tondi Guy, non-executive director and ESG Committee Chair of UniCredit, and will be run in collaboration with Boston Consulting Group and Standard Chartered.

All’evento parteciperà Francesca Tondi Guy, non-executive director and ESG Committee Chair of UniCredit e Associata Nedcommunity.

Per più informazioni CLICCA QUI

To register CLICK HERE

We welcome two businesses in the fashion industry to discuss their roadmaps for achieving their climate ambitions.

Climate considerations transcend size and heritage, and are important for every business. Burberry is a global, long-established business, and Baukjen is a local London-based BCorp. We will explore their unique stories and pathways, the role of governance, and progress so far. 

Susan Hooper, an experienced board member who is also on the Chapter Zero Board will discuss these two different paths to net zero with Geoff van Sonsbeeck, Founder and CEO of Baukjen, and Julie Brown, Chief Operating and Financial Officer at Burberry. 

Per maggiori informazioni CLICCA QUI

To register CLICK HERE

April the 5th: Webinar on Sustainability and SMEs: impacts of Taxonomy and bank loans
ecoDa and Mazars pursue their series of webinar on how to respond pratically to ESG challenges and seize opportunities, with a second webinar on the 5th of April (from 11.00 to 12.30 CET) on the possible impacts of Taxonomy on SMEs’ ability to get fundings.
Policy-makers and practitioners will discuss how to incorporate ESG into lending policies, what are the key challenges SMEs face in financing their transition, how can banks best accompany SMEs on this journey and how should board members of SMEs proceed to move forward down the sustainability path.
To register CLICK HERE

March 18th: (Reminder) Webinar on How to align climate priorities with executive compensation?
On March 18th (from 11.00 to 12.00 CET), ecoDa, together with WTW, will organize a webinar to guide board members and remuneration committee members on how to drive the climate strategy by meaningfully embedding it within executive compensation schemes. It will consist of a presentation of WTW and the Climate Governance Initiative Guidebook on how to link climate priorities with executive compensation, followed by a panel discussion with experienced board members.
To register CLICK HERE

It Includes:
EUROPEAN INSTITUTIONS DEVELOPMENTS
Council: Women on boards Directive unlocked
EP: Companies to be more accountable for their social and environmental impact
EP: Backing binding pay-transparency measures
EC: Taxonomy complimentary delegated act released
EFRAG: Update on the elaboration of possible EU non-financial reporting
Council: Failed to agree on a Directive on global minimum tax (Euractiv)

INTERNATIONAL DEVELOPMENTS
Climate group prepares legal action against Shell directors (Financial Times)

EUROPEAN DEVELOPMENTS
Consumer groups calling for higher bar for ESG funds

NATIONAL DEVELOPMENTS
France: Unions and employee representatives’ enhanced power to accelerate sustainability transition (Novethic)
New IIA-UK Report takes a fresh look at auditing culture
UK: Diversity in boardrooms (The Guardian)

EVENTS
ECGI: Corporate sustainability due diligence

ecoDa News

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• 22nd of March: ecoDa team to exchange with the CFA Institute on European Corporate Governance Developments;
• 24th and 25th of March: ecoDa will run its Spring Board Education Programme in Brussels;
• 30th of March: ecoDa Board meeting in the presence of Maija Laurila (European Commission, DG JUST, Head of Unit JUST A.3)

The EU Alert is available for download here.