Jeannet Lingan, Stakeholder Forum
Momentum is picking up for the corporate sustainability reporting proposal at the negotiations on the Rio+20 Outcome Document. We have yet to find out whether it is positive movement, but we can still hope. Yesterday's initial discussions on the new streamlined Co-Chairs' text – now paragraph 41 – was rather lively. The paragraph received more amendments than expected at this stage, which triggered Chair Kim's impatience as governments' were supposed to streamline and reduce the text, not add more. The amendments represented two main positions: a call to launch a process to support the implementation of national policies for large and listed companies to publish their sustainability reports or explain why they do not, and strong opposition against any proposal that would impose conditions on companies, keeping the conversation at the level of voluntary commitments for companies. Between amendments and brackets, the paragraph went from six to fourteen lines.