Mary Robinson calls on Bundeskanzler Olaf Scholz Olaf Scholz to approve the EU Corporate Sustainability Due Diligence Directive, ahead of the EU Council vote.

Click 'Show more' to read her comment in full.

Mary Robinson, Chair of The Elders said:

'Chancellor Scholz, your leadership is…

On Friday, EU Ambassadors decide the fate of the first EU corporate accountability law, #CSDDD , a game-changer for how business is made in 🇪🇺.

🚨This law is too big to fail!

EU Member States MUST vote in favour, saving the EU’s face & reputation on protecting people & planet.

🌎Amid a global decline in support for environmental & social resolutions, our new Voting Matters Report shows a promising trend with EU asset managers backing 88% of key initiatives🙌

Ahead of EU elections, policymakers must maintain & build on this🧱

shareaction.org/reports/voting…

Our new #CSDDD briefing reveals that some investors are carrying out key steps of the due diligence process through their engagement with investee companies - however their approaches diverge significantly.

Policymakers must seize the opportunity to set minimum requirements!

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Institutional investors and asset managers need to be included in the #CSDDD .

There is urgent need for investors to conduct meaningful due diligence to adequately manage sustainability risks across their value chains and support strong human rights & environmental protection.

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The Corporate Sustainability Due Diligence Directive is currently being negotiated by European policymakers.

It's an opportunity to establish due diligence obligations for companies to address their adverse impacts on human rights & the environment.

shareaction.org/policies/share…

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.European Parliament has voted on insurance regulation #SolvencyII

Despite introducing mandatory transition plans for insurance firms, today was a missed opportunity to align the sector with #netzero & steer the industry away from #fossilfuels

Our reaction⬇

shareaction.org/news/european-…

ECON European Parliament voted for mandatory transition plans for #insurers

Small step forward BUT many exemptions & no clear consequence if targets aren't met🙄

#Solvency2 could have done more to steer industry away from #fossilfuels 🔥

Full press reaction⏬
tinyurl.com/Solvency2press

JUST APPROVED
#SolvencyII  report adopted at European Parliament

What does it mean for  #insurance regulation?

✅ Mandatory transition plans are in

❌ No link between remuneration & sustainability

❌ No recognition of the extreme risks posed by investments in new #FossilFuels

Seems like a good day to break this one out. #NationalCoffeeDay

And, like me, you can't just have one cup of coffee. #UN ☕️

At a turbulent time, when the United Nations matters more than ever, what a moment to recall Ted Turner's audacious gift, 20 years ago today. twitter.com/KofiAnnan/stat…

Racism is a human rights violation.

#FightRacism and stand up for someone's rights today & every day.

un.org/en/letsfightra…

When we built Za'atari and Azraq Refugee Camps in 2012, we never could have imagined the suffering of Syrians would last so long.It’s time to end this conflict.

Propsed #UNBudget cuts are so detrimental to American foreign policy interests. Don't go it alone - work w/other countries. twitter.com/UNAUSA/status/…

Happy birthday, United Nations! We're committed to the #GlobalGoals and helping create a better future for our children #UNDay

Impt for #NextSG to build on the legacy of Ban-Ki Moon on climate, sustainable development, and needs and rights of the most vulnerable.

'In Mr. Guterres we have a candidate with both head and heart.' Samantha Power on the #NextSG #UNGA