News Digest Item
05 Jan 2017

“Supporting sustainability”

Frankfurter Rundschau

It is high time for a finance transition - in addition to the energy, transport and agricultural transformations - to protect the climate, write Green Members of the German Bundestag Annalena Baerbock and Gerhard Schick in a guest commentary in Frankfurter Rundschau. “The profits in the old energy industry directly contradict the preservation of our planet,” write Baerbock and Schick. The German government had failed to implement the EU directive on corporate social responsibility into national law on time and the current draft was not ambitious enough. Many German cities, federal states or public institutions did not know what companies they invested in owned or did, according to Baerbock and Schick.

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