Climate change is directly contributing to humanitarian emergencies spared by heatwaves, wildfires, floods, tropical storms and hurricanes. Those and similar climate shocks are only increasing in scale, frequency and intensity.
Still, the annual UN summits have often been described as talk shops that do little to fundamentally improve the planet’s chances of surviving warming temperatures, or to ensure climate justice.
Wednesday was a historic day in Europe, where a new law will require its biggest companies to include sustainability factors as part of their annual financial report.
In a 599-55 vote, the European Parliament passed the law, which applies to publicly traded companies with more than 500 employees. They must address "policies, risks and results" in relation to "social, environmental and human rights impact, diversity and anti-corruption policies" in their annual reports.
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