EU financial supervisors tell rulemakers to create social taxonomy, ESG benchmarks and data hub

Green securitisation is also flagged in ESAs’ response to sustainable finance consultation

The “comparability and reliability of ESG data will only improve if clear and sufficiently granular taxonomies for ‘green’, ‘brown’ and ‘social’ activities are developed and consistently implemented by the financial sector”, Europe’s three financial regulators stated this week in…

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