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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.
How Will We Explain This Unusual Time in History to Future Generations?
With all the chatter around the Prime Minister’s proposed ‘Just Transition’ plan, and the nuances surrounding what caused the federal government to change the name to ‘Sustainable Jobs,’ I gathered the courage to download the 32 pages headlined: ‘Sustainable Jobs Plan.’ It turns out it is not something one does for entertainment on a Saturday night.
With all the chatter around the Prime Minister’s proposed ‘Just Transition’ plan, and the nuances surrounding what caused the federal government to change the name to ‘Sustainable Jobs,’ I gathered the courage to download the 32 pages headlined: ‘Sustainable Jobs Plan.’ It turns out it is not something one does for entertainment on a Saturday night.
