Archive

EU calls on investors to create more transition finance products

The European Commission has called on financial institutions to offer more transition-related financing solutions as well as integrate transition plans further into their risk assessments.

EU publishes ESG ratings regulation, taxonomy extension

The European Commission has published a proposal for a regulation of ESG ratings providers as part of an extensive 'package' of sustainable finance proposals.

Opinion: The EU's climate benchmarks need to get with the times

The financial industry's thinking on assessing transition has moved on since the EU introduced its climate benchmarks, argues Michael Hurley

Paris-aligned benchmarks boom but are they helping the transition? Part one

Asset owners are placing money in Paris-aligned benchmarks at a quickening rate but questioned whether they facilitate the transition. Michael Hurley reports

EU climate benchmark funds hit €58bn in assets

Funds managing assets in compliance with EU climate benchmarks have hit about €58.3 billion ($63 billion), according to estimates by the European Commission.

ESG ratings 'should link to EU taxonomy'

European Commission to widen scope of materiality assessment in first set of ESRS

The European Commission is set to release delegated acts with key amendments to EFRAG's proposed sustainability reporting standards which some have branded a 'victory for lobbyists'.

Banks call on EU to provide transition plan guidelines

Banks have called on the EU to catch-up with other jurisdictions - in particular, the UK and Japan - by providing guidance on transition plans and finance.

Investors 'given free hand' to define sustainable investment under SFDR

The European Commission has declined a request to define what constitutes a sustainable investment under SFDR, a decision which has split industry experts, Michael Hurley writes

EU publishes answers to regulators' SFDR questions

The European Commission has published responses to questions from European regulators on the Sustainable Finance Disclosure Regulation (SFDR), including on how to define a 'sustainable investment' under the rules.