European Commission

European Commission streamlines ESG reporting requirements

November 21st, 2024


The European Commission has launched an initiative to simplify ESG reporting by consolidating various requirements into a single regulation aimed at reducing compliance burdens.

The commission’s president, Ursula von de Leyen, …

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EU Offices, Used as a placeholder for ESMA offices

EFRAG calls for financial advisory panel members

June 22, 2023


The European Financial Reporting Advisory Group (EFRAG) is seeking candidates for three advisory bodies to help develop sustainability reporting standards for the financial sector.

The bodies are being established to …

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EU Flags in front of the European Commission

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

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European Parliament, Strasburg, EU, EC

EU votes gas and nuclear into Taxonomy


July 08, 2022

Gas and nuclear supported as green activities by EU MEPs

The European Parliament has rejected a motion to oppose the inclusion of gas and nuclear energy generation as an environmentally …

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Due Diligence

Civil society groups call for stronger corporate sustainability due diligence


May 27, 2022

Following the European Commission’s proposal for a directive on Corporate Sustainability Due Diligence, over 220 civil society groups have signed a joint statement calling for the proposal …

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ESMA pulls back from ESG legislation for rating agency methodology

Expert Group Proposes Revamp of EU Taxonomy 


April 1, 2022

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.

In a new report, the …

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The EU Sustainable Finance Platform: Where are the owners?

Human rights alliance warns of due diligence gaps


March 04, 2022

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.

The Alliance said …

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european court of auditors, luxembourg

Auditors criticise EU and ESMA over funds market regulation


February 25, 2022

EU-based investors are still at risk of incurring “undue costs” or “biased advice” despite the development of the single market for investment funds, according to a new report

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nuclear, power plant

EU taxonomy plan for nuclear sparks controversy


January 07, 2022

The European Commission is in talks to classify nuclear energy and gas as green investments in its new sustainable taxonomy.

The decision has caused consternation among member states, particularly in …

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Judges gavel on a desk

EU Council approves green taxonomy criteria


December 17, 2021

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.

The passing of the …

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