Archive

ESG Ratings, Green Bond regulations and greenwashing among ESMA priorities

The European Securities and Markets Authority (ESMA) has identified the EU Green Bonds and ESG Ratings regulations, as well as preparatory work for a database including sustainability-related information, among its priorities for 2025.

EU starts process for penalising countries yet to implement CSRD

EU would harm itself if it mimicked US and Chinese green subsidies, Draghi says

The EU should not try to mimic the US Inflation Reduction Act in introducing wide-ranging climate subsidies to protect its domestic industries, as doing so would harm the trade-dependent bloc, according to the influential economist Mario Draghi.

EU's von der Leyen announces 'green coupon facility'

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.