Regulation

The treatment of investment assets under the Corporate Sustainability Reporting Directive (CSRD) has been a cause of longstanding uncertainty.

Parties set out their stalls as MEPs file amendments on entity-level disclosures, exclusions and sovereign bonds.

Union, Commerz and Deutsche retain seats but Kerstin Lopatta and Munich Re exit as body handed transition focus mandate.

Asset owners and managers welcome European Commission proposals to add downstream products including soluble coffee and palm oil derivatives.

Ardian and Société Générale announce nature partnership - Dansif signs up to Eurosif - Non-EU firms covered by CSRD down 90%.

Members of Congress slam state anti-boycott laws as ‘bad business’ in letter to house leadership raising concerns over investment freedom.

Gloucestershire PF members back defence investment - World Federation of Exchanges launches transition equity consultation - Luxembourg commits €50m to TFFF.

Council of EU documents show support for capex-based approach to inclusion, split on professional investor opt-out.

Democrat financial officers write to credit rating agencies - Parnassus questions SEC's climate rule claim - RLAM warns of increasing divergence on transition alignment.

Firms to disclose material climate risk and opportunities to retail investors in move regulator estimates will save £20 million annually.