The stewardship company
In this article, the authors examine the usefulness and necessity of the initiative proposal for the stewardship company that was drawn up in response to a motion (16 April 2024) by Sneller and Zeedijk
Proposal for the Principles of the Steward Company
Following the motion by Joost Sneller and Femke Zeedijk-Raeven which passed in the House of Representatives in 2024 to develop a proposal for the steward company, N-EXTLAW’s Nena van der Horst, along with Emilie van Blokland, Rutger Marres, Sophie Kuijpers, Casper Nagtegaal, Jorick Wijnen, Melanie Rieback, Gijsbert Koren have been working on the principles for a steward company. View the published document here.
Sustainable by Design: Industrial Policy for Long-Term Competitiveness in the EU
To make Europe’s economy more competitive and sustainable at the same time, we call for a new industrial policy for ‘sustainable by design’ organizations in order to reap the competitive benefits of ownership forms that favor reinvestment, innovation and resilience.
Policy Proposal: Transition Reserve and Transition Investment Plan for Large Polluters (English Version)
A policy proposal requiring large polluters to maintain a ‘transition reserve’ and develop meaningful ‘transition investment plans.’ It builds on their recent working paper: Taking the Green Transition Seriously: A Proposal for a ‘Transition Reserve’. This policy proposal outlines the potential legal mechanisms by which the ‘transition reserve’ and ‘transition investment plan’ could be implemented in the European context.
Policy Proposal: Transition Reserve and Transition Investment Plan for Large Polluters (Dutch Version)
A policy proposal requiring large polluters to maintain a ‘transition reserve’ and develop meaningful ‘transition investment plans.’ It builds on their recent working paper: Taking the Green Transition Seriously: A Proposal for a ‘Transition Reserve’. This policy proposal outlines the potential legal mechanisms by which the ‘transition reserve’ and ‘transition investment plan’ could be implemented under Dutch law.
PAR Study in the Netherlands Summary
In this blog, Amy and Nena give an overview of our ongoing PAR study in the Netherlands. They reflect upon the knowledge gathered through recent sessions held by the N-EXLAW team in connection our study participants, detailing the key outcomes. It further provides information on current projects resulting from these consultations. These include Profit in Purpose-Driven Enterprises, the proposal for a Transition Reserve, Patagonia and Steward Ownership, and a Non-Extractive Legal Form. This blog concludes by outlining the next stages of our research and what the team has planned for the near future.
Taking the Green Transition Seriously: A Proposal for a ‘Transition Reserve’ Enabling Transition of Large Emitters in the Netherlands
N-EXTLAW Working Paper Series, no. 1 (1/2022)
Large emitters, more so than any other company, are exposed to the risk of transition. If they do not transition, they will end up with unsustainable business models and stranded assets in the not-so-distant future, eventually going bankrupt as a result. One would hope that large emitters would take this risk seriously and invest into their own transition – but this is not necessarily the case. The incentives inherent in the contemporary model of financial markets and corporate governance, alongside the possibility of public ‘bail out’, motivate companies to distribute their funds to shareholders or managers instead of investing into the green transition.
De toekomst van winstuitkeringen aan aandeelhouders in een maatschappelijk ondernemingsrecht
Tijdschrift Ondernemingsrecht, 2023/98.
De afgelopen vijf à tien jaar is in Ne der land en Europa een ontwikkeling zichtbaar waarin met het ondernemingsrecht wordt geprobeerd te bewerkstelligen dat grote ven noot schap pen hun negatieve impact op mens en milieu inperken. Het wettelijk systeem voor winstuitkeringen aan aan deel hou ders kan hierin een belangrijke rol spelen, maar is als on der werp in de discussie vooralsnog onderbelicht. Een uitzondering vormt de aanzet voor een wettelijke regeling voor de maatschappelijke BV (BVm), waarin voor het eerst wordt voorgesteld om maatschappelijke doelen een plek te geven in de wettelijke winstuitkeringsregeling.
