Discover the Agenda of CSR Europe & EBS' 2020 Sustainability Summit
CSR Europe in joint partnership with the European Business Summit (EBS) will host "Transforming Business for a Sustainable Europe". The event will be marked by the inauguration of the European Pact for Sustainable Industry. View the Agenda of the Event! Would you like to position your company as a sustainability leader? Discover our sponsorship offer. READ MORE
Collaboration to Transform Businesses for a Sustainable Europe
At CSR Europe’s annual Public Affair Meeting, hosted on 11 February, stakeholders recognized the key role of collaboration in achieving the ambitions of the Green Deal. According to Jakob W. Friis, Commissioner Gentiloni’s Deputy Head of Cabinet, increased efforts by member states, regions, civil society will be key to implement the Green Deal in the short term. For this reason, CSR Europe will inaugurate the European Pact for Sustainable Industry at the European Business Summit 2020, on 10-11 June. Register Now. READ MORE.
How to Build the STEM Workforce Your Company Needs
The European economy is driven by knowledge, yet persisting lack of diversity in the Science, Technology, Engineering and Mathematics (STEM) pipeline causes strain on business performance. Together with Samsung, Amgen, Johnson & Johnson and IBM, CSR Europe is recruiting new members for our collaborative platform to promote STEM education and professions through sustainable business collaboration in Europe. READ MORE.
Upskilling for Lifelong Employment
With the new pilot project Upskill4Future, CSR Europe is supporting companies in preparing their human resources for a digital future. Register to the upcoming webinar on “Workforce Transformation”, on 12 March 2020. We will share best practices on how HR transformation can support companies and the employability of their most vulnerable workers. READ MORE
What is Your Company’s Position on Due Diligence?
Two out of three business in the EU are not undertaking a due diligence effort which considers all human rights and environmental impacts. This is the conclusion of the report recently published by the European’s Commission Directorate-General for Justice and Consumers. On 10 March, CSR Europe will publish for its members an Issue-Insight, with an in-depth analysis of the report. How can companies have a real impact on the ground? By collaborating with all the relevant stakeholders to improve the supply-chain and secure sustainable sourcing. Discover our programme to support companies in moving “Beyond Due Diligence”. READ MORE
One-Stop Shop to Add Value for African and European Businesses
CSR Europe is working with leading multinational companies to create an innovation hub for skills and business development in key african countries. Does your company have sustainability projects in Morocco, Zambia? Or is your company interested in expanding its activities in these countries? Discover the benefits of joining the Collaborative Platform on“Sustainable and Upgraded Value Chains in Europe & Africa”. READ MORE.
Join us for a Webinar on GRI's Tax Standard – Opportunities for More Tax Transparency
Public reporting on tax can help governments in making sure that organizations are contributing to achieving the Sustainable Development Goals. The recently released GRI Tax Standard is the first global sustainability standard for public country-by-country reporting on tax. Join us at the GRI Webinar on “Tax Standard- Opportunities for more tax transparency”. We will cover the session on “GRI Tax Standard in practice: How to support companies towards a more transparent and responsible tax behaviour”. READ MORE
Improve Your Company’s Climate-Related Reporting
Companies are still struggling to assess, report and act on climate risks according to the latest report co-created by CSR Europe and the other members of the Project Task Force on Climate-Related Reporting, facilitated by the European Financial Reporting Advisory Group (EFRAG). Metrics, scenario analysis and materiality assessment are key to generate and disclose useful climate-related information. Discover CSR Europe’s Materiality Assessment Service. READ MORE.
Upcoming EU Events
New green deal and new industrial policy : a new agenda for maritime industries – 6 March 2020, Brussels
The European Committee of the Regions is organizing the conference to emphasize the latest developments in the field of maritime technologies and encourage an exchange of best practices on decarbonisation at regional level.
For more information, see here.
Refocusing the European Semester – how to face the economic, social and environmental challenges in an inclusive manner – 19 March 2020, Brussels
The European Economic and Social Committee will host a discussion on how to obtain the necessary investments to implement the Deal and how to assure a just and inclusive transition has been opened.
For more information, see here.
Towards a new European company model for the 21st century – 25 March 2020, Brussels
Focusing on companies, the European Economic and Social Committee is hosting a conference, that will take a broader look at the role of businesses in society.
It will address the topic starting from new company models based on an inclusive and participatory approach.
For more information, see here.
Revision of the Non-Financial Reporting Directive: Consultation Open Now
As part of the European Green Deal, the Commission committed to review the Non-Financial Reporting Directive (NFRD) in 2020 as part of a strategy to strengthen the foundations for sustainable investment. A wide consultation process has been launched aimed at collecting the views of stakeholders for possible revisions.
The NFRD lays down the rules on disclosure of non-financial information by large companies. Since 2018, companies with more than 500 employees are required to include non-financial statements in their annual reports, disclosing the way they operate and manage social and environmental challenges.
The need for a review of the NFRD comes from several substantial issues identified in previous years - corporate non-financial disclosures are often lacking, incomplete or insufficiently transparent and reliable. Investors are increasingly asking companies for “green” disclosures and the need for closing the “sustainability reporting gap” as Executive Vice President for Economic Affairs Valdis Dombrovskis puts it, is increasingly important.
As a first step in the review of the directive, stakeholders were invited to comment on a NFRD Roadmap, laying out potential policy options to follow. As a second step, the European Commission has now opened a public consultation for stakeholders to share their views on. Interested parties are invited to reply by 14 May 2020.
The NFRD is an important tool for investors, consumers, policymakers, and other stakeholders to evaluate the non-financial performance of large companies and encourages these companies to develop a responsible approach to business.
On March 26, join CSR Europe's webinar for an updated on the revision of the Non-Financial Reporting Directive. Register here
The European Commission Unveils Strategy for A Europe Fit for the Digital Age
On February 19, the European Commission published its Communication on Shaping Europe’s Digital Future.
For the next five years, the von der Leyen Commission’s digital transformation will be focused on three key pillars:
- Technology that works for the people;
- A fair and competitive digital economy;
- Open, democratic and sustainable society.
Improving education and skills is a crucial part of the overall vision for digital transformation in Europe. European companies need digitally savvy employees to thrive in the global technology-driven marketplace and in turn, workers need digital skills to succeed in an increasingly digitalised and fast-changing labour market.
To support businesses all over Europe, the Commission will officially present:
- The reinforced Skills Agenda to strengthen digital skills throughout society;
- An update of the Digital Education Plan to boost digital literacy and competences at all levels of education.
Margrethe Vestager, Vice President for A Europe Fit for the Digital Age, reassures that every citizen, employee and business will benefit from digitalization. An effective digital Europe will help us reach the European Green Deal standards at a quick pace and in all sectors.
CSR Europe is currently supporting leading companies in preparing for the Future of Work. Discover all the planned activities for our Community of Practice on Future of Work.
The Commission's Plans to Boost EU Industry Competitiveness
On February 27, EU Ministers of European Affairs, Industry and Research gathered at the European Council to discuss measures to:
- Support the industry’s contribution to a climate-neutral Europe
- Reduce the risk of carbon leakage
- Facilitate the transition to a circular economy through digitalisation.
In its conclusion, the Commission was encouraged by the Council to:
- Accelerate initiatives, such as the carbon adjustment, working towards a Carbon Border Tax;
- Consider the interests of SMEs and micro-enterprises, as they are seen as key drivers of sustainability and innovation;
- Improve on the process of re-evaluating existing EU laws to check if they are fit-for-a-greener-industry
Join us on 30 April at the CSR Europe webinar on "The EU Industrial Strategy" to discover the impact it will have on companies.
EU Climate Law | Climate Neutrality by 2050
On March 4, the European Commission published the first European Climate Law.
As a cornerstone of the European Green Deal, the Proposal for a Regulation for a European Climate Law sets out a binding objective of climate neutrality in the Union by 2050, increasing the goal of emission reductions to 55 % by 2030, in accordance with the Paris Agreements (art.2 and art.7).
The main initiatives promoted by the law are;
- An assessment by the European Commission of the collective progress made by all member states and an assessment of the consistency of EU climate-neutrality measures every 5 years.
- The promotion of a multilevel exchange between all relevant stakeholders: member states are invited to establish regular dialogue, involving local authorities, civil society, businesses, and investors.
Solvay Launches "Solvay One Planet", its 2030 Sustainability Strategy
Solvay launched its new 2030 sustainability program, Solvay One Planet. The plan is an integral element of the Group’s G.R.O.W. strategy, directly aligned with Solvay’s purpose of bonding people, ideas and elements to reinvent progress.
The plan outlines ten ambitious targets to drive progress across three key pillars: climate, resources and better life. To meet these goals, Solvay pledges to reallocate investments to promote sustainability within its portfolio, operations and workplace.
“With Solvay One Planet, we are setting bolder objectives to solve key environmental and societal challenges through science and innovation,” says CEO Ilham Kadri. “Beyond climate change, we will tackle resource scarcity and promote a better life. Together with our customers, we will create sustainable shared value for all. This is Progress Beyond. This is G.R.O.W.”
Read More about Solvay's 2030 Commitments.
Huawei at UNESCO's Mobile Learning Week 2020
Huawei will participate and present at UNESCO's Mobile Learning Week 2020.
Mobile Learning Week (MLW) is the United Nations’ flagship event on Information and Communication Technology (ICT) in education and it has been organized by UNESCO and its partners for eight years consecutively.
The 2020 edition of MLW will be held from 2 to 6 March in Paris and will focus on artificial Intelligence and Inclusion. It will address the question of how can companies steer the use of Artificial Intelligence (AI) towards inclusion and equality in education.
Iberdrola to invest over €10 billion a year to meet EU Decarbonisation Challenges
At the 2020 World Economic Forum Annual Meeting in Davos, Iberdrola reiterated its commitment to the European Union's Green Deal goal of achieving “net zero-carbon emissions” by 2050.
In a recent interview with El Economista, Iberdrola’s Group Chairman Ignacio Galán said; “Climate neutrality is possible if we all do our bit and move in the same direction”. It will require heavy investment and “that is why it is essential to mobilise all the participants involved in the planned investments”.
To stay competitive and to meet the European Union's decarbonisation objectives, Galan confirmed that Iberdrola will step up the pace of growth in networks, renewables and storage.
Sodexo's Sustainability Awards
Moody's, Green Social and Sustainability Bond Issuance to Jump 24% in 2020
According to a recent publication of Moody’s Investors Service, green, social and sustainability bond issuance is set to climb 24% to $400 billion this year as issuance volumes and issuer diversification in this bond markets segment continues to grow.
“Across the financial sector, market participants are increasingly integrating environmental, social and governance (ESG) considerations and sustainability”, says Moody’s Analyst Matthew Kuchtyak. “Governments and regulators are also providing greater structure and clarity to the sustainable finance market as their focus on climate change and sustainability grows.” Read More
CSR Europe's is following closely all the new developments on sustainable finance in its Communities of Practice on Responsible Tax. Discover all our upcoming events on responsible tax.
Takeda in the Top 100 Most Sustainable Corporation for the Fifth Consecutive Year
Takeda was named Global 100 Most Sustainable Corporations in the World for the fifth consecutive year by the Corporate Knights. Corporate Knights assesses more than 7,300 companies against 21 key performance indicators, to determine the top 1% most sustainable companies in the world.
The company also ranked 3rd among pharmaceutical companies for sustainable leadership and was recognized for environmental sustainability, equitable pricing strategies in low- and middle-income countries, and senior executive female representation.
In addition to the Global 100 ranking, Corporate Knights also identify the companies’ best practices.
Takeda distinguished itself in three areas:
- Significant year-on-year improvement in energy, water and GHG productivity scores,
- High marks for clean revenue – i.e. revenue earned by providing access to medicine for top priority diseases in low and middle-income countries,
- Three times the average score for female representation among senior executives.
FIBS Partner programme 2021-2022
National Partner News and Events
Applications for FIBS Partner programme 2021-2022 are open. The programme offers extensive visibility and contact networks for top corporate responsibility experts, pioneering companies and other accelerators of sustainable business.
FIBS Partner programme is targeted to consultants, service providers, experts and other FIBS members who wish to partner with us on a long-term basis. As a FIBS Partner you will:
- Provide services (e.g. research, training, small group meetings) for FIBS members, either in partnership with us or by funding our various projects
- Build your reputation as a top expert in corporate responsibility or in specific corporate responsibility themes
- Expand your network within companies relevant to your business
- Become profiled as an accelerator of sustainable business in Finland
Business in the Community Ireland, Flagship Conference Celebrates its 20th Anniversary
Business in the Community Ireland (BITCI) will host its flagship conference "Sustainable Revolution" in Dublin on the 14th of October.
"The Sustainability Revolution: a new contract between business, society and the planet" will celebrate its 20th anniversary. This event will feature some of the leading global experts in sustainability and will include a number of breakout sessions focusing on areas such as social inclusion, climate change and reputation.
The event will also provide an overview of BITCI’s achievements as a network over the past two decades and predictions of future sustainability trends.
Sponsors of the event include: Gas Networks Ireland, IBM, KBC, Musgrave, Permanent TSB and Veolia.
For More Information:
2020 IRDO Scientific Conference | Call for papers
The 15th IRDO International Science and Business Conference on Social Responsibility and Current Challenges 2020 will take place on June 4- 5 2020, in Maribor, Slovenia.
IRDO invites business professionals, experts, education professionals, youth, government and NGOs to contribute papers on the topic of Personal and Social Responsibility for a Sustainable Future.
The conference is split up into four thematic areas to find a balance in the relationship between the environment, society and production & consumption:
(1) Personal responsibility - responsibility of oneself as part of society;
(2) Corporate social responsibility;
(3) Sustainable future for society and the environment;
(4) Youth, seniority and social responsibility.
IMS Luxembourg Digital Explorer Conference: Jobs of the Future
In light of digitalization, the emergence of new professions is increasing rapidly. How can we prepare for these new digital challenges?
IMS Luxembourg and Care Luxembourg have joined forces to answer this question. Supported by the Ministry of National Education, Children and Youth, the Ministry of Labour, Employment and the Social and Solidarity Economy, as well as the European Social Fund, they set up the Digital Explorer Project.
What profound changes await the world of work in the next 5 to 10 years? Read the report here.
Future of work is at the core of CSR Europe's People Agenda. In 2020, we will keep on working with businesses for the co-creation of an economy with and for PEOPLE.
CSR Europe is currently engaging its members in sharing best practices and experiences in two communities of practice:
- Future of Work
- Just Transition.
Discover all the related workshops and webinars in our Calendar of Events 2020.
The Shift, Talent2Connect to Facilitate Access of Vulnerable People in the Labour Market
Social, public and private actors are joining their forces. Why? To facilitate and accelerate the professional integration of vulnerable people in the Belgium labour market. Do you want to find new talents? Check out The Shift's collective employment solutions Talent2Connect.
About Talent2Connect: A movement in which private, public and social actors bring their own expertise for impact. It aims to facilitate and accelerate the professional integration of vulnerable people in the Belgian labour market.
- Talents get connected to the labour market
- Social & government actors co-create innovative solutions together with the private sector
- Companies create social impact
- Employees get engaged as a mentor
Responsible Business Forum, CSR Marketplace in Poland is Coming Back
Companies, organisations and institutions will showcase their best practices, products and services supporting CSR and sustainable development during the 8th edition of the CSR Marketplace organised by the Responsible Business Forum.
The event will bring together beneficiaries of CSR initiatives, businesspeople, experts, and members of the academic community, as well as NGO, public administration and media representatives. The event will take place on 16 April 2020 in the EXPO XXI centre in Warsaw. The admission to both the exhibition and the conference is free.