Archive

People Moves, 20 September: Mirova, CAM, Vision Ridge, AFII and more

EU's von der Leyen calls for a price on nature

European Commission president Ursula von der Leyen has called for a scaling up of nature credit markets, arguing for a system that rewards nature.

Simplify 'major source of regulatory burden' of sustainability reporting, urges Draghi report

The EU should simplify its sustainability reporting and due diligence framework as part of efforts to rescue the bloc from economic underperformance and promote its competitiveness internationally, according to a report by Mario Draghi.

Build EU sector-specific standards on ISSB baseline, Faber says

Delays to the introduction of EU sustainability reporting standards gives the bloc an opportunity to base its requirements on the IFRS S1 and S2 standards, the European Commission has heard.

BaFin backs replacing SFDR Articles 8 and 9, defining transition investments

Germany's Federal Financial Supervisory Authority (BaFin) has backed the creation of three product designations to address investor misuse of the existing Articles 8 and 9 as labels in the EU Sustainable Finance Disclosure Regulation (SFDR).

Commission faces legal challenge over taxonomy criteria for aviation, shipping

The European Commission faces a legal challenge of its inclusion of aviation and shipping criteria in its sustainability taxonomy, after NGOs accused it of greenwashing.

EU answers frequently asked questions on CSRD, SFDR

Von der Leyen wins re-election with pledge to 'stay the course' on Green Deal

Ursula von der Leyen has won re-election as president of the European Commission, pledging to "stay the course" on the European Green Deal she helped forge in her first term at the helm and set a tough new emissions reduction target.

The 'horse has bolted': Challenge to CSDDD & CSRD likely to fail, say observers

A proposal by EU parliamentarians to delay and weaken reporting requirements under landmark EU sustainability regulations has been dismissed as "political gesturing" and is likely to fail, according to observers.

Commission report backs climate risk buffers at banks

Macroprudential instruments such as a system-wide climate capital buffer may be needed to help cope with the full spillover effects of climate change on banks, a report by the European Commission has argued.