EU Commission launches public consultation on sustainable corporate governance initiative (deadline: 8 Feb 2021)
As announced in the European Green Deal and the Commission’s Communication on the (COVID-19) Recovery Plan, it is important that sustainability is further embedded into the corporate governance framework. Sustainability in corporate governance encompasses encouraging businesses to consider environmental (including climate, biodiversity), social, human and economic impact in their business decisions, and to focus on long-term sustainable value creation rather than short-term financial value. Competitive sustainability will contribute to the COVID-19 recovery and to the long-term resilience and development of companies. This public consultation aims to gather data and to collect the views of stakeholders with regard to a possible initiative on sustainable corporate governance. The questions are targeted to provide their views on the most relevant aspects of sustainable corporate governance...