A Presidency prepared in close collaboration with the French corporate sector which is setting a policy agenda that strongly reflects business demands.
That is the verdict of Corporate Europe Observatory and Observatoire des multinationales in their new report “Under the influence: the distorted priorities of the French EU Council Presidency”, published in the run up to the start of the French Presidency on 1 January, 2022.
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The French government offered unprecedented financial support to businesses in response to the Covid pandemic, and large corporations of the CAC40 stock index have greatly profited from it. With very few strings attached, whether in terms of dividend payouts or of climate commitments.
In our latest report, we lift the veil on the large-scale and particularly violent lobbying offensive against the proposals of the French Citizens’ Climate Convention.
All the articles
- 06.02.2018 After their attacks on climate science, industrial lobbyists target the scientific evidence on air pollution
- 13.09.2016 When Prisons, Inmates and Detention Policies Become Investment Products
- 13.09.2016 How to recognize a truly alternative, ethical and socially useful bank
- 13.09.2016 In Bangladesh, Rana Plaza Survivors Set Up Own Cooperative
- 13.09.2016 France’s Blatant Disregard for the Health of its People – How the Government and Lobby Groups have been Pushing Diesel Cars
A global shopping centres giant that has the ear of local politicians.Check the full profile
The global cosmetics giant knows how to keep up appearances, but can it be trusted?Check the full profile
The semiconductor giant, born of the merger of Italian and French state-owned firms, is incorporated under Dutch law with headquarters in Switzerland.Check the full profile
A global leader in payment services, built through successive acquisitions and restructuringCheck the full profile
Ghosn scandal, Covid-19, pollution standards, Russia... The automotive group has had to face several crisesin recent years, and its workers have been the first to pay the price.Check the full profile
’Systemic’ mega-bank, funder of controversial industries, facilitator of speculation and tax avoidance... A financial giant at the centre of criticism.Check the full profile
Funding of fossil fuels, financial speculation... Is the "green bank" all that green?Check the full profile
Based in Limoges, the electrical equipment heavyweight keeps a low profile but knows how to cultivate its market power.Check the full profile
Any future EU-UK trade agreement post-Brexit will have to deal with the financial sector; and the long-term consequences of such a deal could be dire.
This report investigates the disturbing alignment of the EU with corporate lobby groups at the UN.
Total likes to present itself as a responsible business with a strategy for dealing with climate change, but its actions are completely at odds with effective action to tackle the climate crisis.