At next month's meeting of the European Parliament, MEPs are expected to endorse the agreement to discuss means to increase transparency in the process of investment in sustainable development. As the EP's Think Tank reported:
On 24 May 2018, the Commission published three proposals for regulations reflecting the EU's efforts to connect finance with its own sustainable development agenda. The proposals include measures to: create an EU sustainable finance taxonomy; make disclosures relating to sustainable investments and sustainability risks clearer; and establish low-carbon benchmarks. In particular, the proposal for a regulation on disclosures aims to integrate environmental, social and governance considerations into the decision-making process of investors and asset managers. It also aims to increase the transparency duties of financial intermediaries towards end-investors, with regard to sustainability risks and sustainable investment targets. This should reduce investors' search costs for sustainable investments and enable easier comparison between sustainable financial products in the EU
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