Waves of global disasters - Meme
Europe is, no doubt, a checker board in regards to environmental (and other) legislation and jurisprudence. While the European Union is is hammering out the different fence poles related to its Green Deal and Green Taxonomies some other countries run ahead with their own locally applicable laws. One law that is considered 'innovative' since its publication - the French 2019 Law on Energy and Climate, and its 2021 implementing decree - are worth a somewhat closer look. These pieces of law focus - once more - predominantly on financial industry players and reporting. The innovative part is the explicit inclusion of Biodiversity impact reporting. What are the bets of them beeing at the root of change?
Board Member w Depression
In July 2018 Australian Billionaire James Packer resigned from 24 boards in total where he held directorships. His spokesman in a statement announced that Packer was “suffering from mental health issues” and was seeking treatment for depression. Packer is not a lone case. Climate Anxiety can be a trigger to mental health challenges - for fear of the future and well-being of loved ones. Creating boards that are able to open up about doubts, challenges and concerns is like adding a booster gear to their functioning, reaching deep into an individuals motivation and passion. It also could add a whole new dimensions to professional discussions and help to ask harder, but equally necessary questions to the executives running the day-to-day business.
Greenwashing
Greenwashing is defined as 'the expression of environmentalist concerns especially as a cover for products, policies, or activities'. There also exists Diversity-washing, Governance-washing, or skill-washing for example. In itself a truly nasty thing, there is an unexpected upside to Greenwashing however: it will come back to haunt the greenwasher. Maybe not fast, but no doubt steadily. Just like the tortoise won the race against the hare.
Plastics Packaging in Bales
The cat is – long-time coming - finally left out of the bag: while drawing up a Covid19 recovery package, EU legislators have decided to introduce a levy on non-recycled plastic as per 1st of January 2020. Reading through the text, two points offer a considerable surprise: The short notice, the wording, and the focus on packaging. But how come that legislators seem to drive the industry R&D agenda? Here a few questions for boards to ask their CEOs to get to the bottom of this.
Within the EU, legislative requirements have lead to implementation of Extended Producer Responsibility schemes (EPRs) in the following industries so far: packaging, electrical and electronic equipment, batteries and automotive industries. In this article, we would like to look sidewise, and see what can be learned from the electronic and electrical equipment industry, as they have been ahead of the curve – although not always voluntarily, since the 1995 laws came into place – when it comes to the implementation of EPR.