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11 July 2020
Economic and financial affairs News

Sustainable finance: Presidency and Parliament reach political agreement on transparency rules

Following a provisional agreement reached last week to create a new category of low-carbon benchmarks, the EU is complementing its set of rules 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 introducing transparency obligations on how financial companies integrate environmental, social and governance factors in their investment decisions.

https://www.consilium.europa.eu/en/press/press-releases/2019/03/07/sustainable-finance-presidency-and-parliament-reach-political-agreement-on-transparency-rules/

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