Esta es la versión HTML de un fichero adjunto a una solicitud de acceso a la información 'Contacts between Commissioner Breton and external stakeholders related to Sustainable Corporate Governance'.



Ref. Ares(2022)1789387 - 10/03/2022
From:
CAB BRETON ARCHIVES
To:
Subject:
FW: Request to meet to discuss “Sustainable Corporate Governance Ares(2021)6295283
Date:
vendredi 15 octobre 2021 12:09:00
Attachments:
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From: SKONIECZNA Agnieszka (CAB-BRETON) 
 
Sent: Friday, October 15, 2021 10:56 AM
To: CAB BRETON ARCHIVES <xxxxxxxxxxxxxxxxxxx@xx.xxxxxx.xx>
Subject: FW: Request to meet to discuss “Sustainable Corporate Governance
Ares(2021)6295283
 
 
 
From: 
 
Sent: Friday, October 15, 2021 10:55 AM
To: SKONIECZNA Agnieszka (CAB-BRETON) 
Cc: 
 
Subject: Request to meet to discuss “Sustainable Corporate Governance
 
Dear Agnieszka-Maria Skonieczna,
 
I write on behalf of the Confederation of Danish Industry (DI), who is the largest
Danish business organization representing more than 18,000 companies - large,
medium and small – active across all economic sectors.
 
Danish companies are in the forefront of sustainability and spearhead the industry
development in areas such as renewable energy production and energy efficient
solutions for buildings and industry. For Danish companies (our members) the Green
Deal provides an ambitious framework to accelerate this development across all
corners of Europe. In other words, the EU sustainability agenda is a huge advantage
for our members and we strongly support it.
 
However, we are deeply concerned with the Commission initiative called
“Sustainable Corporate Governance”, which mixes up an important EU initiative on
mandatory Due Diligence (on human rights and environment) in companies’ supply
chain with a potential initiative on core Corporate Governance matters that would
interfere with longstanding, well-functioning Corporate Governance frameworks of
the Member States such as rules relating to directors (general) fiduciary duties,
enforcement thereof, directors’ remuneration, company strategy, board composition
and capital management.
 
The Corporate Governance ideas that have been on the table are not very direct
instruments to tackle the sustainability agenda. Moreover, changes in the general
Corporate Governance frameworks of the Member States risks being counter-
productive with huge negative side-effects, ultimately affecting not just the
competitiveness of European companies negatively, but also sustainability. The
sustainability agenda needs targeted measures – and fortunately there are many.
The Regulatory Scrutiny Board has acknowledged the strong criticism from
businesses, academics and several Member States that the EY-study from Italy
does not come close to providing a trustworthy evidence-base for a Corporate


Governance reform at the EU-level and that the consultation process has also not
met Better Regulation standards.
 
Regardless thereof, we hear that the Commission still considers including Corporate
Governance proposals in a combined Due Diligence / Corporate Governance hard-
law initiative.
 
I would really appreciate an opportunity to discuss this with you. Much is at stake if
the EU gets it wrong on Corporate Governance. We also risk having the important -
and much more broadly supported - Due Diligence proposal delayed or blocked in
the Council as a result.
 
DI believes, there are misunderstandings, and important points relating both to
substance and Better Regulation principles, that must not be overlooked. We have
insights and ideas that we think could help you make the upcoming Commission
initiative as value-adding and politically robust as possible to the benefit of all
Europeans.
 
I hope you have the time to meet and hear us out. We are happy to come to
Brussels, but we are also available for an online meeting if you prefer.
 
 
Kind regards
 
Læs, hvordan DI behandler og beskytter 
persondata i DI’s Privatlivspolitik