Sustainability Concept in Company Law and Corporate Governance: Why, How and Who

Abstract

The aim of this chapter of the book is to offer a contribution to a heated debate topic on the potential of company law through corporate governance framework to better support a sustainable development. In the overall picture of different regulatory approaches and techniques and with the focus on the ongoing developments at the EU company law, hard law legislative solutions concerning corporate purpose and direc- tor’s duty of care as well as mandatory due diligence that are at the core of sustainable corporate governance, as those enabling to promote pos- itive contributions by the companies to sustainable development and tackling adverse impacts on society associated with their operations, are addressed.