Sustainable finance: Presidency and Parliament reach political agreement on low carbon benchmarks

The EU is building a regulatory framework to encourage investors to be more aware of the impact of their business on the environment.

The Romanian Presidency of the Council and the European Parliament reached today a preliminary agreement on a proposal creating a new category of financial benchmarks aimed at giving greater information on an investment portfolio’s carbon footprint.

https://www.consilium.europa.eu/en/press/press-releases/2019/02/25/sustainable-finance-presidency-and-parliament-reach-political-agreement-on-low-carbon-benchmarks/