In September Aviva announced the launch of the Coalition that is calling on UN member-states to adopt “a binding international commitment to develop national regulations which mandate the integration of material sustainability issues in the Annual Report & Accounts; and which provides effective mechanisms for investors to hold companies to account on the quality of their disclosures, including for instance through an advisory vote at the AGM” at the Rio Earth Summit next June.
In September Aviva announced the launch of the Coalition that is calling on UN member-states to adopt “a binding international commitment to develop national regulations which mandate the integration of material sustainability issues in the Annual Report & Accounts; and which provides effective mechanisms for investors to hold companies to account on the quality of their disclosures, including for instance through an advisory vote at the AGM” at the Rio Earth Summit next June.
The Earth Summit in Rio offers a unique opportunity for country leaders to establish a coherent global framework that will put sustainability at the heart of corporate practice. The proposal for such as Convention is one of a few proposals for strengthening the Institutional Frameworks for Sustainable Development Governance, which is a core theme of the Rio Summit.
Check the Stakeholder Forum website for updates on the partnership with Vitae Civilis, the Brazilian based environment and development NGO, for more details about the development of the Convention.