The text mentions that there should be a minimal compliance with social and governance norms. The eight basic principles of the ILO are included in article 13 and this is positive. Governance standards should include the fiscal responsibility – i.e.: responsible tax practices - of the issuers which receive institutional investor investments.
CC
CS CCOO
Trade union · Spain
not in the EU Transparency RegisterThis organization files on consultations without a register number, so its record here is built from its filings alone. Register facts (staff, costs, accreditations) are not available for it.
3
positions filed
in the 655 files tracked
1
legislative file
of 655 tracked
2
with a full position paper
attached to a submission
Counts here are a floor, never a total: they cover the 655 consultation files tracked so far (56,999 submissions, mostly 2021–26), so an organization's real filing history is larger, not smaller.
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Their record over time
CS CCOO filed 3 positions on 21 Aug 2018, across 1 of the 655 legislative files tracked here, attaching a full position paper 2 times.
What they argued
We believe that it would be of interest to link the platform to monitor and exchange good practices on the application of the SDGs created by the EC with the good practices of socially responsible investors who follow the SDGs (pension funds, etc.). For finance to contribute to sustainable and inclusive growth, it is necessary to integrate a minimum of ESG criteria into investment decision making.
Trade unions believe that ESG criteria should be integrated in a balanced manner in all sustainability indices, including the proposed environmental indices (low carbon and positive carbon impact). The proposed text raises reasonable doubts that this is the case: in the explanatory memorandum it is mentioned "or working conditions", when it should say "and working conditions", since this question is undoubtedly a…
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