IFB Theme Leader, Professor Franziska Schrodt, has co-authored an open letter to the European Commission.
The letter contains an important call to legislators and corporate leaders: collaborate with the scientific community to build a reporting framework that is robust, streamlined, and transformative.
It lists five principles for revising disclosures:
- Use science to reduce and streamline disclosures transparently.
- Create a shared baseline of mandatory disclosures for all companies.
- Prioritize direct drivers of environmental degradation.
- Align reporting requirements with scientific principles for stability and predictability.
- Foster dialogue with the scientific community to ensure effectiveness and reliability.