Regulation

EU authorities should focus on setting minimum standards when making changes to disclosure rules, says French investor’s ESG research head.

The decision comes after a recent intervention by the EU financial stability watchdog.

Greenlighting in Parliament means due diligence directive is on the homestretch of EU legislative process.

Proposed move to extend SDR to apply to portfolio management services comes ahead of introduction of fund-level ESG labels in the UK.

The latest developments in sustainable finance: European Commission looks to simplify taxonomy DNSH compliance; Aussie regulator ASIC backs ISSB global baseline.

Effective implementation of the EU's supply chain due diligence law will require focus and commitment, say Robert G Eccles, Richard Gardiner and Andrea Webster.

Regional GFANZ chapter will also work on policy initiative and 'voluntary guidance' on transition strategies.

Morningstar warns that asset versus portfolio improvement approach means alignment for passive PAB and CTB funds will prove challenging.

The climate targets initiative has been accused of sidelining staff and advisory bodies.

Amendments that would make it compulsory for shareholders to be offered a vote on listed companies’ climate transition plans, as reported under CSRD, are being debated at the National Assembly.