EU carbon market weekly update, 11 September 2017

EU fund naming rules helped 'clear up' market, ESMA claims

An increase in the number of managers removing ESG-related terms from the names of their investment funds shows EU naming rules have been successful in reducing 'greenwashing', according to the European Securities and Markets Authority (ESMA).

Companies can benefit by standing by DEI policies despite political backlash, says M&G

Despite wider political pushback, Diversity, Equity and Inclusion (DEI) policies are not universally being dropped, M&G has claimed, claiming they have the potential to positively impact company financials.

EFRAG agrees timeline for changing CSRD standards

US court pauses case on litigation against climate disclosure rule

France launches carbon credit charter

The French government has launched a charter for the voluntary use of carbon credits, in a bid to help clarify how companies can use Article 6 mechanisms as part of their transition.