Elza Holmstedt Pell
All disclosure requirements expected to be subject to materiality assessments, in a major change from EFRAG’s proposal, according to sources.
The voluntary code is being developed 'pending potential future regulation'.
Long-awaited proposal follows last year’s public consultation, which saw majority backing for legislative intervention in the ESG ratings space.
European Parliament committee votes in favour of directive, which also sets out details on investor due diligence measures and director responsibilities on transition plans.
Samama leaves Amundi-owned CPR Asset Management to join S&P Global Sustainable1
NGOs slam final proposal for weaker inclusion criteria than draft, while Commission says it has taken on board advice to improve disclosure requirements
Mirova CEO also tells RI he expects a two-tier approach to the EU Taxonomy amid the gas and nuclear developments
First set of climate rules – excluding gas and nuclear – expected to be approved without formal Council vote
European sustainable investment industry body and PRI both flag risks around including nuclear and gas in EU Taxonomy as political debate intensifies
Group behind label has also asked for expressions of interest to host label Secretariat