Clear parameters for companies will help mitigate the financial risks associated with environmental damage, reducing the potential for costly lawsuits and compensation claims, which could impact the financial stability of investees.
A legal framework that will encourage and support investment in environmentally sustainable projects, opening up new business opportunities, driving economic growth and creating new jobs.
Demonstrating a genuine commitment to the protection of the Earth and investing in sustainable projects enhances reputation, increases customer loyalty and builds brand value.
A more sustainable and stable environment will benefit investment in the long run.
More responsible environmental practices by businesses and governments will reduce the risk of environmental disasters and associated claims, meaning lower payouts for insurers and lower premiums for customers.
Clear legal standards for environmental protection and enforcement mechanisms for violations enable better understanding of the risks associated with environmental damage and provide the information to word and price policies accordingly.
A stable, more predictable environment facilitates long term planning and investment.
A legal framework which encourages Investment in companies committed to environmental protection will help protect, rather than deplete, the world’s natural capital, delivering better long-term returns.
The requirement for companies to take measures to prevent and mitigate environmental damage will reduce risk and protect investments from the financial impact of environmental disasters.
As ecocide law compliance becomes part of a corporation’s governance protocol, better information becomes available for assessing investment risks and opportunities
Demonstrating a genuine commitment to the protection of the Earth and investing in sustainable projects will enhances reputation, increases customer loyalty and builds brand value.
A more sustainable and stable environment will benefit investment in the long run.
BUSINESS AND FINANCE OPEN LETTER
Business, finance and governments have a unique opportunity to respond to climate and ecological collapse.
By acting together now to hold those responsible for unlawful or wanton destructive practices to account, we can create better and fairer ways of doing business that are firmly supported by international legal frameworks.
ENDORSING BUSINESSES AND FINANCIAL INSTITUTIONS INCLUDE:
NEWS / KEY PUBLICATIONS
ECOCIDE LAW IS A “GAME-CHANGER” FOR BOARD DIRECTORS, SAYS INVESTOR NETWORK
A new policy “viewpoint” document Biodiversity as Systemic Risk: 10 Game-Changers for Board Directors and Stewardship Teams has been released by the International Corporate Governance Network (ICGN), highlighting the criminalisation of ecocide as an essential emerging framework.
RACE TO ZERO ACKNOWLEDGES ECOCIDE LAW AS KEY DRIVER FOR CLIMATE ACTION
Ecocide law has been significantly highlighted in the recent Race 2 Zero "Pivot Point" report on the importance of moving from voluntary to regulatory measures to accelerate climate action.
The report, launched to great fanfare during New York Climate Week and the high-level week of the UN General Assembly, at the Climate Action: Race to Zero and Race to Resilience Forum where COP26 and COP27 Climate Champions.
It features a significant section on ecocide law as a "driver and influencer" in this process - see Chapter 7 section (c) of the report (p58).
CONTACT / NEXT STEPS
By acting together we can create better and fairer ways of doing business.
Support our EU Environmental Crime Directive Position Paper by signing as your business or organisation.
Show your support publicly by downloading and using our endorsement stamp on your social media channels and/or website.
If you would like to request a briefing for your network, please get in touch.