The European Financial Reporting Advisory Group (EFRAG) is seeking candidates for three advisory bodies to help develop sustainability reporting standards for the financial sector.
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EU plans for MVR “lacking legal basis” February 3, 2023 The European Commission’s (EC’s) plans to harmonise the structure of multiple-voting rights (MVR) for SMEs have been criticised for “lacking” any legal basis. A piece on the Oxford Business Law Blog (OBLB) has disapproved of the proposals, highlighting the fact the MVR is not regulated […]
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The European Parliament has rejected a motion to oppose the inclusion of gas and nuclear energy generation as an environmentally sustainable economic activity.
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mission’s proposal for a directive on Corporate Sustainability Due Diligence, over 220 civil society groups have signed a joint statement calling for the proposal to be strengthened.
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The Platform on Sustainable Finance, an expert group of the European Commission, has proposed a significant expansion of the EU’s Taxonomy for sustainable finance.
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The Investor Alliance for Human Rights has cautioned that “significant gaps” remain in the European Commission’s (EC’s) proposal for a directive on corporate sustainability due diligence.
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The European Court of Auditors has warned investors are still at risk from incurring “undue costs” as a true single market remains elusive.
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The European Commission is in talks to classify nuclear energy and gas as green investments in its new sustainable taxonomy.
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The first two chapters of the EU’s sustainable taxonomy rules have been passed by member states and will come into force at the start of next year.
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EU rules requiring greater disclosure of investment products’ green credentials are to be delayed until 2023, it has emerged.
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