Sustainability Christmas Recap | 16 Dec 2024 – Jan 6 2025

At the end of 2024, we published a flash note following the annual Saint-Gobain roadshow dedicated to governance themes, and a flash note following the publication of the IEA report on coal. 4 German ministers and the Chancellor call for a 2-year delay of the CSRD. The European Platform on Sustainable Finance published a proposal for categorizing products under SFDR and proposed two new benchmarks for transition investment. The AMF announced that France will comply with new EU rules on investment products with environmental names. The ECB advocates for a European system for managing natural disaster risks based on a public-private partnership. Green hydrogen prices are set to remain high for longer than expected, according to a new analysis by BNEF. The costs of combating biodiversity loss could double if implementation is delayed by ten years, warns IPBES. On the social side, Volkswagen Board of Management and its works council have reached an agreement on a restructuring plan. In business ethics, an ARS report could lead Perrier to stop its production of natural mineral water. In governance, Carbios announced the postponement of the construction of the Longlaville plant and the departure of CEO Emmanuel Ladent.