Archive

EU Omnibus: 'Investors will be left in the dark' by CSRD cuts, voluntary taxonomy reporting

Proposals to require only the largest companies to report on the EU taxonomy and to cut the scope of the Corporate Sustainability Reporting Directive (CSRD) have fuelled concerns that investors will be deprived of sustainability data, as the EU unveiled its controversial 'simplification' package.

Safeguarding the EU's sustainable finance framework is critical for its competitiveness

Efforts to make the EU's sustainable finance regulations work better for everyone are welcome, but investors need high-quality sustainability data and regulatory certainty, write Stephanie Pfeifer, Aleksandra Palinska, and David Atkin

Investors sound alarm that EU's Omnibus threatens 'significant weakening' of ESG data

The European Commission's plans to overhaul sustainability reporting risk hollowing out the EU sustainable finance framework and jeopardising its Green Deal, it has been warned by investors with a combined €6.6 trillion ($6.8 trillion) in assets.

EU financial services commissioner confirmed, urged to stick to SFDR pledge

'Historic day' as EU CSDDD approved

Rules to require large companies active in the EU to report on the sustainability of their supply chains and make best efforts to implement a climate transition plan have been approved, in what was labelled an "historic day".

People Moves, 19 April: Barclays, Zurich, Eurosif, Scottish Widows, Robeco and ... more

People Moves, 12 April: Eurosif, Orchard Street, Apax Partners, Barclays and ... more

CSDDD transition plan requirement 'little more than window dressing'

A requirement to disclose climate transition plans in the watered-down text of the Corporate Sustainability Due Diligence Directive (CSDDD) is "little more than window dressing" in the absence of a mechanism to force companies to implement the plans, it has been argued.

People Moves, 16 February: EIB, Osmosis, Macquarie, Eurosif, Mirova ... and more

'More rigorous' standards see biennial review register big drop in sustainable assets

A big drop in the total assets judged as 'sustainable' globally has been reported in the latest in a series of biennial reviews, with tightened criteria in response to a "rise in greenwashing and greenhushing".