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Closed-door consultation on EU omnibus feeds NGO fears of big cutbacks
06 February 2025A closed-door consultation by the European Commission of companies, business groups and NGOs fed concerns that major changes to EU sustainability regulations would include eradicating the 'double materiality' principle and transition plan disclosures, NGOs at the meeting said.
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Creation of EU sustainability labels will tackle SFDR greenwashing, prospective commissioner says
07 November 2024"Greenwashing" facilitated by misuse of the Sustainable Finance Disclosure Regulation (SFDR) could be tackled with the creation of sustainability labels, the prospective European Commissioner for financial services has suggested.