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EU Platform on Sustainable Finance calls for taxonomy’s coverage to be aligned with CSRD’s original scope.
Working group criticises changes to CSDDD proposed under sustainability Omnibus package.
Swedish EPP MEP Jörgen Warborn has been appointed as rapporteur to lead CSRD, CSDDD amendments.
Market participants flag concerns that over-simplification could see a return to a fragmented disclosure landscape.
The latest developments in sustainable finance: MAS publishes data on Singapore taxonomy use; GPIF to use Impact Cubed data and analytics.
Ministers and political parties express support for passing CSRD, CSDDD delay proposal as soon as possible.
EFRAG set to develop technical advice on ESRS cuts, European Commission expected to set deadline soon.
While some have raised concerns over diminishing transparency, others have welcomed efforts to streamline the EU rules.
Bloc’s legislative proposals will now go to co-legislators for consideration and adoption.
Lack of data standardisation and comparability could present challenges for banks, regulator warns.