Europe
European Leveraged Finance Association (ELFA) replied to CP22_20 by UK Financial Conduct Authority (FCA). This consultation paper mainly discusses the Sustainability Disclosure Requirements (SDR) and Investment Labels
The French regulator AMF issued a document recommending that the minimum environmental standards be included in the classification of ESG funds under SFDR to reduce the possibility of greenwashing
The Financial Conduct Authority (FCA) of the United Kingdom issued a discussion paper on sustainable governance for financial companies to solicit governance opinions related to sustainable development. FCA believes that the financial industry needs to play an important role in the process of net zero transition, and the sustainable governance of financial companies is becoming more important
The Securities and Markets Stakeholder Group (SMSG) under the European Securities and Markets Authority (ESMA) put forward advice on the problem of ESG greenwashing
The Financial Conduct Authority (FCA) plans to carry out an ESG supervision on asset management companies. The supervision is under the charge of the Buy-Side Directorate of FCA, which includes the corporate governance content that asset management companies are most likely to have a negative impact on consumers and the market in their business activities
The European Union recently announced the launch of the European Green Deal Industrial Plan to enhance the development of Europe’s net zero economy and support climate-neutral transition
Three European regulation authorities (ESMA, EBA and EIOPA) issued their opinions on the draft of European Sustainability Reporting Standards (ESRS for short), the first edition published by the European Financial Reporting Advisory (EFRA) in November last year. The purpose of ESRS is to establish a common European sustainable reporting standard in order to promote the development of ESG and keep pace with global sustainable development
The Insurance Europe (European Insurance and Reinsurance Federation) issued a report in response to the previous three European regulators’ inquiries on the issue of greenwashing. Insurance Europe said that insurance companies have taken actions against sustainable
The European Central Bank and the central banks of member countries recently released climate-related statistical indicators to consider climate risk in the implementation of monetary policy and the development of the financial system. The European
The World Economic Forum issued a white paper to analyze the European Green Deal. The European Green Deal was put forward by the European Union in December last year, aiming to build Europe into the first carbon-neutral continent by 2050 and lead the global green and digital
Recently, Euronext announced the launch of a new ESG index, named CAC SBT 1.5 °. CAC SBF is an index of 120 stocks prepared by the Paris Stock Exchange. 1.5 ° is the company in line with the emission reduction plan of the Paris Agreement
Recently, the European Union said that it would consider setting up a social climate fund to establish a new carbon emission trading system and provide funds for member countries to improve carbon emissions. The EU’s goal is to achieve zero greenhouse gas emissions by 2050
