Archive

German ministers propose vast cutbacks to CSRD

Senior ministers in the German government have called for European sustainability reporting requirements to be drastically cut back and delayed by two years, in a leaked letter to European commissioners.

EU advisers push for sustainability, transition categories to replace SFDR Articles 8 & 9

The EU has been told it should create three categories of sustainable investment products to replace the existing Article 8 and 9 disclosure framework under the Sustainable Finance Disclosure Regulation (SFDR), by its expert Platform on Sustainable Finance

Define impact investing in SFDR, EU Platform says

The EU should define impact investing so impact funds can be distinguished in an overhauled Sustainable Finance Disclosure Regulation (SFDR), according to expert advisors mandated by the European Commission.

Commission weighing merits of two options for SFDR fund categories

The European Commission is weighing the merits of two options for a fund categorisation system in an overhauled Sustainable Finance Disclosure Regulation (SFDR), as it looks for inspiration from the UK and existing European fund labels.

Sustainability assurance: sailing a boat under construction

The cost of gaining assurance, data quality and the need for subjective judgments could limit the usefulness of sustainability assurance, Michael Hurley writes

'Now is not the time to take the easy path' on disclosure, Mary Schapiro tells EU

The EU has been advised not to take "the easy path" as it considers cutting the sustainability reporting requirements, by one of the architects of the Task Force on Climate-related Financial Disclosures (TCFD).

One-year delay to Deforestation Regulation agreed by EU Council, Parliament

The EU Deforestation Regulation will apply one year later than initially proposed, after agreement by the European Council and Parliament staved off proposals from right-wing politicians to water down the rules.

EU publishes answers to frequently asked questions on taxonomy

People Moves, 29 November: Northern Trust, HSBC, European Commission, Finance for Biodiversity ... and more

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