Archive

SFDR agreement criticised for allowing fossil fuels in transition funds

EU countries agreed that companies deriving large revenues from fossil fuels could qualify for 'transition' funds under the bloc's flagship Sustainable Finance Disclosure Regulation (SFDR), in move widely criticised by NGOs.

EU countries ready to give fossil fuels pass for SFDR transition category

EU countries could agree to include fossil fuel companies in a proposed 'transition' category for the Sustainable Finance Disclosure Regulation (SFDR), according to a near-final text sent for approval.

EU countries propose ways to include sovereign bonds in SFDR 2.0

EU countries call for reform of ETS

EU member states have asked the European Commission to reform the Emissions Trading System by July, as they warned of rising energy costs amid "the crisis in the Middle East".

EU countries push for stricter definition of 'credible' transition in SFDR

EU gives final seal of approval to Omnibus cuts

EU countries approved cuts to corporate sustainability reporting and due diligence rules, marking the final step for adoption of the European Commission's first Omnibus package.

Correction: Review clause for extending CSDDD to financial institutions' investments ditched in Omnibus

A clause which would have required a review of EU due diligence rules to also cover financial institutions has been ditched as part of the Omnibus package to simplify regulation.

Transition plan implementation axed as EU politicians hammer out Omnibus agreement

EU politicians have agreed to delete a clause requiring companies to say how they are implementing climate transition plans, despite warnings from investors that this information is crucial for holding companies to account, as the long-running Omnibus saga nears a conclusion.

CBAM cuts adopted by EU countries

EU countries back cutbacks to CSDDD, CSRD