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Article

20 May 2020

Author:
European Commission

EU Biodiversity Strategy for 2030

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The European Green Deal – the EU’s growth strategy – will be the compass for our recovery...

As a milestone, it aims to ensure that Europe's biodiversity will be on the path to recovery by 2030.., in line with the 2030 Agenda for Sustainable Development and with the objectives of the Paris Agreement on Climate Change. It ... sets out an enhanced governance framework to fill remaining gaps, ensures the full implementation of EU legislation, and pulls together all existing efforts...

To ensure environmental and social interests are fully embedded into business strategies, the Commission will put forward a new initiative in 2021 on sustainable corporate governance. This initiative, which may take the form of a legislative proposal, will address human rights and environmental duty of care and due diligence across economic value chains in a proportionate way according to different sizes of entreprises. This will help ensure that shareholder and stakeholder interests are fully aligned with the objectives set out in this strategy. In addition, in 2020, the Commission launched a review of the reporting obligations of businesses under the Non-Financial Reporting Directive, with a view to improving the quality and scope of non-financial disclosures, including on environmental aspects such as biodiversity...