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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.
The Good, The Bad & The Ugly of 2023
When I began to contemplate what I would write as a year-end summary I was hopeful it would be easier than last year to make it more uplifting and hopeful that we were turning the corner to easier times.
When I began to contemplate what I would write as a year-end summary I was hopeful it would be easier than last year to make it more uplifting and hopeful that we were turning the corner to easier times.
