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 EU has set a high standard for platform regulation. If properly enforced, the Digital Markets Act (DMA) and the Digital Services Act (DSA), together with other digital regulation in the pipeline, will be landmark…
SOMO is pleased to announce the appointment of Claire Fernandez and Radboud van Delft to the SOMO Supervisory Board. Both Claire and Radboud bring a wealth of experience, knowledge and passion to the role. Claire…
Over the last 20 years, Dutch listed companies have spent more and more of their (borrowed) money on distributing profits to shareholders. Debt increased, investments stagnated and wages fell behind. Publication / June 15, 2022…
In a new Position Statement on Financial Intermediary (FI) Lending, Dutch development bank FMO argues for limited responsibility over the outcomes of investments that are channeled through commercial banks, investment funds, and other financial intermediaries,…
SOMO is pleased to announce a substantial investment by the Ford Foundation in our work and organisational development. In 2022, SOMO will receive $1,395,000. Ford’s Building Institutions and Networks (BUILD) grants focus on helping social justice…
The European Union’s proposed batteries regulation should require importers and manufacturers to source the bauxite, copper, and iron used in batteries responsibly, a coalition of 16 organizations said today. The coalition includes Amnesty International, Earthworks,…
Together with Follow the Money, SOMO investigated how pension funds are disposing of their investments in Russian bonds and shares. A month ago, PFZW (one of the biggest Dutch pension funds) and other pension funds…