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Member states will be asked to approve the proposal in a meeting next week.
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The latest developments in sustainable finance: EU targets end of 2026 for climate adaptation plan; push for social and environmental due diligence bill in South Korea.
Call for reporting rules come with several caveats, as investors also weigh in on existing standards.
EU flag puzzle
ISSB chair calls for decision-useful disclosures, saying 'essential' information is missing in some first wave reports.
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The latest developments in sustainable finance: Basel Committee publishes voluntary climate risk disclosure framework for banks; UK relaunches Nature Impact Fund.
EU flags in front of European Commission building in Brussels
Omnibus lead negotiator confirms plans to water down CSRD, CSDDD scope; Council of the EU aiming to reach negotiating position before end of Polish presidency.
Mandatory corporate climate reporting to be phased in over three years doing business in the state under proposed legislation.
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Respondents' feedback on categories, the sustainable investment definition and creating interoperability across the EU’s and other regions’ regulatory regimes.
Aerial view of Paris with Eiffel Tower and Champs Elysees from the roof of the Triumphal Arch. Panoramic sunset view of old town of Paris. City skyline. Popular travel destination.
Leading managers also push for full alignment with ESMA fund-naming rules.
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