Archive

Danish regulator admonishes asset managers for SFDR failings

EU issues 'urgent' request for advice on CSRD cutbacks

The EU Commission has written to the bloc's financial reporting standard-setting body, requesting urgent "advice" on how to make the Corporate Sustainability Reporting Directive (CSRD) less onerous for companies.

PGIM launches thematic equities fund

PGIM Investments has launched a thematic equity portfolio aligned with the UN's Sustainable Development Goals (SDGs), to be managed by Jennison Associates.

EFRAG mulls pivot from financial institution standards to guidance after Omnibus

The European Financial Reporting Advisory Group (EFRAG) is preparing to decide how it can help financial institutions report in line with the Corporate Sustainability Reporting Directive (CSRD) after the EU's Omnibus package withdrew the prospect of sector-specific standards.

EU Omnibus: Investors left to ask what corporate reporting cuts mean for SFDR

Investors face a waiting game to know whether cuts to corporate reporting will leave them short of the information they need under the Sustainable Finance Disclosure Regulation (SFDR), with the result of a review of the latter not expected until the end of this year.

CBAM delayed and exclusions announced

The European Commission has confirmed that implementation of the Carbon Border Adjustment Mechanism (CBAM) will be delayed until 2027, with 90% of importers also exempted from its scope.

People Moves, 21 February: Bezos Earth Fund; Ninety One; South Pole; CIP ... and more

Spain urges EU to maintain double materiality in CSRD

The Spanish Government has urged the EU not to drop the 'double materiality' approach at the heart of its Corporate Sustainability Reporting Directive (CSRD), saying investors need this information to make decisions.

Make CSRD materiality assessments sector-specific, say German government advisers

Omnibus regs: EFRAG chair backs CSRD mid-caps category, says cuts possible to narrative reporting

The chair of the EU's standard setting body has said it "is sympathetic to" creating a new category of 'intermediate'-sized companies if it helped achieve the EU's simplification agenda without undermining its goal of improving sustainability reporting.