“Contrary to popular belief, maximising returns to shareholders is not a legal obligation. EU law must clarify that it is a requirement for companies to operate sustainably,” Sjåfjell said at a conference in Brussels on 24 January.
Better regulation of companies crucial
“The EU should reform European company law to ensure that businesses create profit in a way that is not based on destroying the environment or exploiting people,” says law professor and SMART project leader Beate Sjåfjell.
Published Mar. 8, 2019 3:08 PM
- Last modified Mar. 8, 2019 3:27 PM
