Articles of: Nadine Haas

Responsible Business Conduct: a new EU directive and the stakes of its transposition into Luxembourg legislation

Last December, the European institutions agreed on the main outlines of the EU Corporate Sustainability Due Diligence Directive (CSDDD). The stated objective of this directive is “to foster sustainable and responsible corporate behaviour and to anchor human rights and environmental considerations in companies’ operations and corporate governance”.[1] While the directive has been welcomed as a …

Finance and Human Rights: How Sustainable is the Luxembourg Financial Centre?

Both public and private actors praise the Luxembourg financial centre as a leader in sustainability. Whether this is true or not, there is a fundamental problem with the understanding of sustainability, which, for these actors seems to refer mainly to the environment and climate. When it comes to human rights, however, their commitment is insufficient. …

Odebrecht und die Luxemburg- Connection – 2. Episode: Luxemburgische Odebrecht- Filiale klagt gegen Peru vor dem Weltbank-Schiedsgericht

Anfang Februar 2020 ist die Empörung in den peruanischen Medien groß. Die Rede ist von einer „Bedrohung“, von einem „Dolchstoß in den Rücken“. Der damalige Energieminister Liu spricht von einer „Ungerechtigkeit“, Premierminister Zeballos von einer „Unverschämtheit“ und einer „Provokation“. Was ist passiert?