Attention will turn to banks, credit ratings agencies and regulators to ensure climate risks are accounted for.
The French Ministry of Justice said the draft law will be submitted for the opinion of the Council of State within one month.
The latest developments in sustainable finance: GFANZ launches consultation on transition finance strategies; NZAOA call for clear climate policy frameworks.
MSCI says new rules would be 'extraordinary level of intrusion' into pricing mechanism, RepRisk flags risk of raising barriers to market entry.
Around 1,800 EU ESG funds have invested in nuclear energy companies aligned to the taxonomy.
The initiative will complement the region’s green taxonomy, currently in draft stage.
The target-setting framework has soared in popularity despite concerns over governance and methodology.
Resolution asks firm to initiate changes to governance documents or proxy statements to give shareholders 'reasonable time' to vote after final proposal presented.
The European Commission is looking to develop CSRD assurance standards suitable for both independent service providers and auditors.
The supervisor has issued voluntary guidance ahead of future mandatory requirements.
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