• Final EU Taxonomy criteria delayed after draft proposals response

    18 January 2021

    The publication of the final technical screening criteria (TSC) for the EU Taxonomy for sustainable activities have been delayed as the European Commission wades through the more than 46,000 responses to the consultation on the draft criteria.

  • PRI urges EU Taxonomy to 'remain faithful' to expert recommendations

    18 December 2020

    With the consultation on the first set of draft technical screening criteria for the EU Taxonomy about to close, the Principles for Responsible Investment (PRI) urged the EU to stick to the recommendations made by the Technical Expert Group on sustainable finance (TEG) in their final report.

  • AP2 divests fossil fuel firms amid EU Paris-alignment pledge

    11 December 2020

    Swedish public pension fund AP2 will exit its equity and bond holdings in fossil fuel firms, in a push to become the first asset owner to align its portfolio with the EU Paris-aligned benchmark (PAB).

  • EU climate benchmarks complete regulatory journey

    03 December 2020

    Two closely watched EU climate benchmarks intended to address the risk of 'greenwashing' are set to come into force before the end of 2020 after officially entering the official journal of the bloc.

  • EU Taxonomy has 'messed up' buildings criteria

    27 November 2020

    The draft criteria for the pioneering EU 'green list' has introduced a "big problem" for the market for green property bonds, Climate Bonds Initiative boss Sean Kidney tells Ahren Lester

  • EU publishes first sets of Taxonomy screening criteria

    20 November 2020

    The European Commission has published the first two sets of technical screening criteria for the EU Taxonomy for sustainable activities, described as an "important step" for the closely-watched green policy instrument.

  • 5% of European insurer assets are EU Taxonomy eligible, says EIOPA

    03 August 2020

    Only a "small proportion" of total assets held by European insurance firms may be eligible under the EU Taxonomy for sustainable activities, according to research by the European Insurance and Occupational Pensions Authority (EIOPA).

  • EU's TEG publishes five principles for sustainable recovery

    17 July 2020

    The EU Technical expert group on sustainable finance (TEG) has proposed five high-level principles for sustainable recovery and resilience that should guide the bloc's stimulus packages in response to the coronavirus (Covid-19) crisis.

  • EU launches Sustainable Finance Platform after Taxonomy approval

    19 June 2020

    The European Commission has officially launched a new expert group that will advise the bloc on its final EU Taxonomy criteria for 'green' activities and a potential expansion to cover social objectives and 'brown' activities.

  • EU Taxonomy secures final approval from Parliament

    18 June 2020

    The EU Taxonomy for sustainable activities has secured final approval from the European Parliament after two years of negotiation, ahead of official standards coming into force from 2022.