"The principles, as now updated, can be taken as a fair indication as to how the law stands or is likely to develop." Lord Carnwath, former Justice of the UK Supreme Court
"The principles in this book are not just a matter of legal niceties - they underpin how businesses can survive - indeed thrive - in the face of one of the biggest challenges the human race has ever faced." Paul Fisher, former Executive Director, Bank of England
"The Principles on Climate Obligations of Enterprises is a timely and compelling book that clarifies the critical role that businesses must play in addressing the global climate emergency and preventing catastrophic impacts on human rights. These principles should be understood and applied as legally binding obligations, not as voluntary guidelines." Dr. David R. Boyd, UN Special Rapporteur on Human Rights and Environment
Climate change is the most important challenge humankind ever faced. GHG emissions must be reduced at great pace and to a significant extent to keep global warming below fatal thresholds. This can only be achieved if the obligations of major players are sufficiently clear. The Principles on Climate Obligations of Enterprises' main focus is on the obligations of enterprises. They identify the reduction obligations, and articulate a series of related obligations. The Principles aim to provide a legal basis for active investment management and engagement geared at stimulating enterprises to comply with their legal obligations.
This edition also contains obligations of accountants, credit rating agencies, (re)insurers and attorneys. An extensive commentary explains the Principles and their legal underpinning. The members of the Expert Group are: Jaap Spier, Bastiaan Kock, Brian J. Preston, Daniël Witte, Thomas Pogge, Philip Sutherland, Yann Aguila, Jörg Fedtke, Miquel Martin Casals, Qin Tianbao, Eva Schulev-Steindl, Jim Silk, Jessica Simor, and Elisabeth Steiner.
Reihe
Auflage
Sprache
Verlagsort
Zielgruppe
Maße
Höhe: 240 mm
Breite: 165 mm
ISBN-13
978-94-6236-168-3 (9789462361683)
Copyright in bibliographic data and cover images is held by Nielsen Book Services Limited or by the publishers or by their respective licensors: all rights reserved.
Schweitzer Klassifikation
Visit www.elevenpub.com for the full table of contents, including the page numbering of the 49 principles and commentary thereof.
PREFACES; TEXT OF THE PRINCIPLES; GENERAL COMMENTARY; 1 Members of the group; 2 Our website; 3 Concerned, and unprepared: the known knowns; 4 Concerned and allegedly prepared; 5 Ignorance; 6 From global warming to climate crisis; 7 Why an update?; 8 The purpose of the Principles; 9 Promising initiatives; 10 Why an emphasis on the corporate sector?; 11 Key features: general observations; 12 Key features: more emphasis on activities, products and services; 13 Key features: obligations of players in a position to bring about; tangible change; 14 Unwilling to take action: the costs are too high?; 15 Vague Principles, laudable Declarations, but concretisation important; 16 Principles as concrete as possible; 17 A special regime for fossil fuel enterprises?; 18 Attribution of GHG emissions; 19 A circular economy?; 20 The 2050 paradigm: aligning with the Paris Agreement: hoping for a bright future; 21 Let us focus on what needs to be done in the ten years to come; 22 Legal basis; 23 Not one size fits all; 24 Not all or nothing; 25 No bullet proof interpretation; 26 Bold interpretation in case of doubt?; 27 Gap filling obligations; 28 The law as a living instrument; 29 Role of courts; 30 Climate change and the other sustainability goals; 31 The temporal effect of the update; COMMENTARY TO THE PRINCIPLES (1-49 principles and commentary thereof); Use of the previous version of the commentary; Enterprises' GHG emissions reduction obligations; Consideration of suppliers' GHG emissions; Advertising products and enticing consumers; Obligations of buyers of fossil fuels; Supermarket chains, major internet sellers and other major retailers; Effective Climate Governance; Enterprise's Obligations of disclosure; Environmental impact assessments of new facilities; Obligations of financiers; Finally; Bibliography; Case law
