In its statement to COP27, the International Corporate Governance Network (ICGN), an investor-led organisation with ‘assets under management’ of $70 trillion, has, for the second year running, called on governments to criminalise ecocide.
In one of the most significant public interventions to date from the corporate sector, the ICGN statement calls for a ‘just transition’ and sets out recommendations for investors, companies, governments and ‘standard setters’ to act on their ‘unique responsibilities’ to implement assertive action on climate change.
In addition to the criminalisation of ecocide, the ICGN also calls on governments to grant ‘legal personhood’ to specific ecosystems as has been achieved in Spain, Aotearoa and Bangladesh.