Sustainability reporting: common standards for businesses

Views: 66The EU’s governance has started intensive efforts to force corporate entities to implement sustainability and fulfill their obligations under the “green deal”. Present corporate sustainability reporting seems inefficient with gaps tarnishing public “green accountability”. The Commission has adopted common standards for companies to manage sustainability performance and make it more efficient with a better […]

Workers’ rights in the EU: strengthening social dialogue and collective bargaining

Views: 78The Commission started the second-stage consultation with the social partners in the member states on a possible revision of the European Works Councils Directive – the first-stage took place in April; so far the Commission received replies from eleven social partners. The general idea of the new consultation is towards further EU-wide actions on […]

Essential services in the EU states’ governance

Views: 75Critical entities provide essential services in upholding key societal functions, supporting the economy, preserving the environment, ensuring public health and safety, etc. European Commission has adopted a list of essential services in the eleven sectors covered by the Critical Entities Resilience Directive (CER), which entered into force on 16 January 2023.  

Green transition: Europeans view the perspectives

Views: 70Over half of Europeans think that transition to a green economy should be accelerated regardless of the increasing energy price and concerns over reduced Russian gas supplies. Most people believe that climate change is a serious problem; but two-thirds agree that: a) the cost of damage due to climate change is much higher than present level […]

Fading European economy’s motor: frightening deindustrialization in Germany

Views: 53Recent article in Politico revealed some frightening for the EU-wide growth signs of economic decline in Germany. The main reason is a “toxic mixture” of such new factors in contemporary growth as high energy costs (though in some EU states energy prices have already fallen to pre-2012 levels), skilled-worker shortages and red tape, etc. […]

European strategy for universities: progress and perspectives

Views: 67Since the end of 2017, the EU institutions and the member states’ governance have elaborated a number of initiatives (following the Gothenburg Summit) aimed at reforming the EU-wide vision for education and culture. Thus, the European strategy for universities aims at supporting and enabling universities to adapt to changing conditions, to thrive and to […]

Modern transitions in business and due diligence

Views: 53The European Union sends a warning signal – “no more business as usual”; thus, to produce goods and services companies have to respect sustainability, environmental quality, human health, bio-diversity, etc.; hence, new rules in entrepreneurship shall be introduced. However, some stumbling blocks are still tarnishing present progressive moves including corporate governance resistance to changes; […]