The Swedish energy company Vattenfall has now followed through on its threat to bring an international arbitration claim against Germany in relation to that country's recent decision to phase out nuclear power.
On May 31, 2012, the dispute was registered at the International Centre for the Settlement of Investment Disputes (ICSID). According to earlier reporting, damages claimed by Vattenfall could exceed €700 million. For more information, please download the report.
The Dutch government will not have to pay damages to energy giants RWE and Uniper, a Dutch court in The Hague ruled today. The energy companies had filed claims of EUR 1.4 billion and EUR…
The European Commission’s proposal for a directive on corporate sustainability due diligence includes a dangerous overreliance on industry schemes, multi-stakeholder initiatives, and third-party auditing, a briefing paper by SOMO concludes. Publication / November 25, 2022…
SOMO and 55 other civil society organisations and trade unions wrote an open letter to the European Commission on the ongoing revision of the Union Customs legislation. They call on the Commission to ensure that…
Slovenia, Spain, the Netherlands, France, Poland and Germany want to exit the Energy Charter Treaty as it is not in line with Paris climate goals. Twelve organizations, including SOMO, are calling on Frans Timmermans and…
As the UN climate conference COP 27 is in full swing, over 350 organisations in more then 60 countries call on governments to commit to remove the threat that ISDS poses to climate goals by…
Luxury brands including Armani, Versace, Michael Kors and Coach don’t provide key information on the origin of their leather products. An analysis carried out by SOMO shows that 35 out of 44 luxury brands examined…
