What the regulatory development on sustainable finance set by the EU might mean for your company and its processes and products?
How to navigate within new legislative proposals for Sustainable Finance set up by EC?
The proposed Green Bond Standard is likely to upgrade the “greenness” of the bonds, and the suggested climate-related reporting is likely to require new input to align with the NFRD (Non-Financial Reporting Directive) and the TCFD (Task Force on Climate-related Financial Disclosures).
In our new blog series, “EU Sustainable Finance Explained”, we will analyze what EU sustainable finance, including its related taxonomy, as well as low-carbon and positive carbon benchmarks might mean for your company and its processes and products.
The climate emergency leaves us with no choice but transit to a climate-neutral economy model.
- The climate emergency leaves us with no choice but transit to a climate-neutral economy model. Today’s new guidelines will help companies to disclose the climate-impact of their activities and therefore enable investors make more informed investment decisions.
I also welcome the three reports by the Technical Expert Group, which is an important contribution to European policy-making and global debate on green finance, says Valdis Dombrovskis, Vice-President - Financial Stability, Financial Services and Capital Markets Union at the European Commission´s department responsible for EU policy on banking and finance.