ESMA given regulatory powers over ESG ratings
New rules to authorise ESG ratings, improve transparency and avoid conflict of interest
New rules to authorise ESG ratings, improve transparency and avoid conflict of interest
Norton Rose Fullbright analyses EU’s response to Inflation Reduction Act
There is currently no standardisation or enforcement and therefore a high risk of greenwashing, according to Reclaim Finance report
Industry reacts to conclusion of political negotiations on the Corporate Sustainability Due Diligence Directive
Close alignment with GRI Standards also confirmed
Trade body says SFDR review should be prioritised
Letter to MEPs and environment ministers warns against ‘alarming’ efforts to weaken PPWR proposal
Obligation for companies to undertake due diligence
Providers must be authorised to provide ESG ratings in the EU
Also claim the definition for inefficient real estate assets is ‘overly complicated and unworkable’
PwC survey finds asset managers are planning to expand their ESG private market offerings
The European Corporate Sustainability Reporting Directive comes into force in 2024