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AEG Comment on CSDS 2 Climate-related Disclosure Standards
After extensive consultation with our members, we must convey that we are in firm disagreement with CSDS 1and CSDS 2 as they are expected to bring about increased costs and uncertainties for businesses, particularly SMEs, with limited advantages for larger corporations, investors, or consumers. We must point out that these standards also contradict the values of a free market system by influencing investor choices and directing capital flows in a manner inconsistent with free enterprise.
After extensive consultation with our members, we must convey that we are in firm disagreement with CSDS 1and CSDS 2 as they are expected to bring about increased costs and uncertainties for businesses, particularly SMEs, with limited advantages for larger corporations, investors, or consumers. We must point out that these standards also contradict the values of a free market system by influencing investor choices and directing capital flows in a manner inconsistent with free enterprise.
Net-Zero: Canada’s Vow
We are on a highway to climate hell with our foot still on the accelerator," said Antonio Guterres, the Secretary-General of the United Nations, in his opening remarks at the COP27 summit in Sharm El Sheikh, Egypt. I neither contest the urgency that was ignited in 2015 when the historic Paris Agreement was adopted at COP21, nor deny how this urgent matter must maintain the spotlight. It remains the demand for all leaders of economies, me included, to rise up, promote, deliver, and defend the methodologies that are most properly suited to our cultures, our resources, and our people - our globe.
We are on a highway to climate hell with our foot still on the accelerator," said Antonio Guterres, the Secretary-General of the United Nations, in his opening remarks at the COP27 summit in Sharm El Sheikh, Egypt. I neither contest the urgency that was ignited in 2015 when the historic Paris Agreement was adopted at COP21, nor deny how this urgent matter must maintain the spotlight. It remains the demand for all leaders of economies, me included, to rise up, promote, deliver, and defend the methodologies that are most properly suited to our cultures, our resources, and our people - our globe.
