ABSTRACT
This chapter explains a part of the broader jigsaw puzzle of sustainability and issue of growth needs to be tackled on a level of a broader economic-social reform. The tentative proposal for a reform of European Union (EU) company law holds within the hope for a transformation where companies will in an innovative and independent manner consider realise their own potential for contributing to sustainability. The environmental integration principle requires the EU institutions to integrate the objective of contributing to a sustainable development into their decision-making procedures. The greening of non-environmental policies is mandated by Article 11 of Treaty on Functioning of the European Union (TFEU), which requires EU to integrate environmental protection requirements in other fields of competence, thereby bridging gap between environmental protection and other areas of EU activity. The Article 11 TFEU is meant to contribute to, through mandating the inclusion of environmental protection requirements in all policies and activities with the aim of achieving sustainable development.
