EU Commissioner @dreynders outlines @EU_Justice plans on #SustCorpGov:
1.Directors' obligation to identify #sustainability risks & opportunities, and to integrate these in the corporate strategy.
1.Directors' obligation to identify #sustainability risks & opportunities, and to integrate these in the corporate strategy.
2) Directors would need to set science-based and measurable sustainability targets (incl trajectory, or transition plan to reach targets) #SBT
3) Directors need to ensure such strategy is implemented with the necessary risk assessments, and due diligence procedures.
4) @EU_Justice is considering requiring #sustainability targets to align with climate neutrality and other environmental objectives. Also, these targets should take into account the impact of the company to its #supplychains
5) @EU_Justice work on #SustCorpGov is assessing directors’ incentives in remuneration schemes & the need to ensure they are aligned with #sustainability elements of the company strategy
EU Commissioner @dreynders @EU_Justice on #SustCorpGov "We want to ensure that corporate decision-making changes to a #sustainability mindset at all levels"
4) @EU_Justice is considering requiring #sustainability targets to align with climate neutrality and other environmental objectives. Also, these targets should take into account the impact of the company to its #supplychains
5) @EU_Justice work on #SustCorpGov is assessing directors’ incentives in remuneration schemes & the need to ensure they are aligned with #sustainability elements of the company strategy
EU Commissioner @dreynders @EU_Justice on #SustCorpGov "We want to ensure that corporate decision-making changes to a #sustainability mindset at all levels"
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