EU strips biodiversity offsets from taxonomy
The EU Commission has cut biodiversity offsets from its latest update to the taxonomy, following pressure from advisory group the Platform on Sustainable Finance (PSF).
Call to exclude biodiversity offsets from EU Taxonomy
The proposed EU taxonomy of sustainable activities should be amended to exclude projects that generate biodiversity offsets, advisory group the Platform on Sustainable Finance (PSF) has said.
Pleas for EU to delay taxonomy reporting or risk poor disclosures
Investors and businesses have asked the EU Commission to delay taxonomy reporting requirements for eligible activities against the four new objectives.
EFRAG submits first draft of corporate reporting standards to EU
The first set of 12 draft European Sustainability Reporting Standards has been submitted to the EU Commission by technical advisers at the European Financial Reporting Advisory Group.
EU and ISSB's salsa dancing.... In wait of the Tango?
Public announcement of an interoperability framework close but not there yet, Vincent Huck writes
EU proposes that financials prove absence of links to deforestation
EU proposals to require financial institutions to demonstrate their activities have no links to deforestation have progressed, after overwhelming approval from parliament.
Ukraine invasion 'could lead to EU taxonomy opposition'
Europe's plans to wean itself off Russian fossil fuels could lead to controversial plans to include gas in the EU's taxonomy of sustainable activities being voted down.
Eurosif: EU sustainability directive risks investor 'greenwashing'
The European Commission's proposed sustainability and human rights directive could increase the risk of 'greenwashing' in investors' portfolios because of vague rules on corporate transition plans, Eurosif has warned.
EU banks set for regular climate stress tests, with prudential requirements review by 2023
The European Commission has proposed requiring all Eurozone banks to disclose their ESG risks annually and conduct regular stress testing...
EU launches 'essential' investor guidance on climate-proofing infrastructure
The European Commission has released "essential" guidance for 'climate-proofing' infrastructure projects to aid institutional and private investors.