Eight French regulatory authorities are committed to making the climate emergency a common priority in order to support the transformations of their respective sectors and to comply with the objectives of the Paris Agreement signed in 2015, they explain in a press release published Tuesday.
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The Competition Authority, the Financial Markets Authority (AMF), the Electronic Communications, Post and Press Distribution Regulation Authority (Arcep), the Transport Regulation Authority (ART), the National Commission for Information Technology and Liberties (Cnil), the Energy Regulation Commission (CRE), the Superior Audiovisual Council (CSA) and the High Authority for the dissemination of works and the protection of rights on the internet (Hadopi), which have been working together since 2017 on cross-cutting subjects, have " integrated the challenges related to climate or the environment in their priorities for action and work ".
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The environmental emergency " constitutes a major challenge for businesses and public authorities ", underline these authorities who have listed several tools to push for change in their respective private sectors: " the definition of incentive rules, recommendations or good practices; monitoring and control, such as that exercised, for example, by the AMF on the information of listed companies and asset managers regarding climate risk management; decisions or opinions (...) that can contribute to the fight against global warming or bring out corporate behaviors that allow us to respond to climate challenges; the provision of data on climate risk and the impacts of activities on the climate (...) to encourage businesses and help decision-making ”.
Among the sectors of the French economy particularly concerned, the energy industry or the transport sector, " at the heart of the climate transition ", but also the financial sector which must direct investments " towards a low-carbon economy " Or digital: Arcep, which has authority over telephone operators, intends to create a “ green barometer ” for digital networks.
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In their profession of faith for this climate transition, regulators also alert companies to the need for " greater transparency vis-à-vis public authorities, but also their customers, suppliers, investors (...) their contribution to the fight against global warming and their ability to respond to the challenges associated with it ”.
Regulators are finally committed to better informing citizens so that they can act as consumers or savers with full knowledge and awareness of environmental issues. In their viewfinder, the “ greenwashing ” used by certain companies which wrongly present themselves as virtuous and abuse consumer confidence.
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Signed in December 2015 by 195 countries, the Paris agreement set the objective of containing global warming below 2 ° C compared to pre-industrial levels.
