Remove 2028 Remove Greenwashing Remove Sustainable Investment
article thumbnail

To boost competitiveness, Europe proposes slashing key climate rules

Corporate Knights

Drastic changes to the scope of sustainability reporting rules will limit investor access to comparable and reliable sustainability data, said Aleksandra Palinska, executive director at the European Sustainable Investment Forum, Europes umbrella network for sustainable finance, in a press release.

Net Zero 147
article thumbnail

Seven sustainable finance predictions for 2025

Corporate Knights

And expect the Trump administration to reverse a Biden Department of Labor rule expressly permitting pension trustees to consider ESG issues in investment decisions. But on climate disclosure and fiduciary rights, this will create regulatory confusion more than a firm barrier to sustainable investing.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

U.S. SEC waters down its climate reporting rule under legal threats 

Corporate Knights

Sustainable Investment Forum, in a statement. Smaller companies will start reporting in 2028. vice-president and co-founder of sustainable asset firm Generation Investment Management. “But

article thumbnail

EU Names Rules a Stop-gap Solution to Greenwashing

Chris Hall

Transition of Sustainable Finance Disclosure Regulation to a labelling regime will be ongoing and multi-faceted. Garrault highlighted discrepancies between SFDR and the EU Taxonomy, such as the former defining sustainable investments and the latter more specifically identifying environmentally sustainable investments.

article thumbnail

EU Fund Names Rules: Too Much Too Soon?

Chris Hall

Between January 2020 and December 2021, the EU watchdog identified 191 European companies involved in 933 misleading communication incidents – 70% of which involved greenwashing. However, ESMA’s guidelines also require a more general alignment with environmental or social characteristics, or a sustainable investment objective.

article thumbnail

Study of EU 100 largest companies shows streamlining and precision needed for optimal EU Green Taxonomy

We Mean Business Coalition

The EU Green Taxonomy was designed to accelerate the flow of money into green companies and projects, while simultaneously protecting investors from greenwashing accusations. By refining reporting practices and legislative clarity, the EU Green Taxonomy can become an even more powerful driver of sustainable investments.