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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delayed

EU delays SFDR product disclosure rules to 2023


December 3, 2021

EU rules requiring greater disclosure of investment products’ green credentials are to be delayed until 2023, it has emerged.

The European Commission has postponed the implementation of disclosure requirements …

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EU seeks experts for sustainability review


September 3, 2021

The European Financial Reporting Advisory Group (EFRAG) is seeking appointees for 11 new industry groups to assist with a review of the bloc’s sustainability reporting standards. This development is the latest …

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Mairead McGuinness

EU demands companies up their game on sustainability reporting


30 April, 2021

The European Commission (EC) is making stringent new demands on companies’ reporting of their impact on the environment, as it looks to drive investors’ money towards the greenest …

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Shareholders, rights

The directive, launched in September 2020, has been troubled by inconsistencies

Better Finance, the European financial services NGO, has launched a survey of shareholders after the Shareholder Rights Directive II (SRD II) encountered teething issues shortly after launch.

The European …

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EC corporate governance report draws criticism

EC corporate governance report draws criticism

The European Commission report on directors’ duties and sustainable corporate governance, published earlier this year, is drawing heavy criticism from law experts.

Writing on the Oxford Business Law blog, the European Company Law …

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The EU Sustainable Finance Platform: Where are the owners?

EU’s Sustainable Finance Platform lacks asset owners

The EU has published the list of members appointed to its Sustainable Finance Platform, which is remarkable in its lack of representation of asset owners.

The platform is an advisory body made up …

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EU Flags in front of the European Commission

The European Commission has officially mandated the European Financial Reporting Advisory Group (EFRAG) to provide recommendations for updating non-financial reporting standards.

In an open letter, European Commission Executive Vice President Valdis Dombrovskis issued a request for technical advice to EFRAG …

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US business lobbies press for laws on boardroom diversity

Greek companies will soon be mandated to meet a 25% female quota on their boards following a landmark decision for gender diversity.

The quota requirement has been included as an amendment to the bill transposing the EU Shareholder Rights Directive …

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