EU agrees its first ever rules for ESG raters in sector shake-up
WEBLONDON, Feb 6 (Reuters) - EU states and the European Parliament reached a deal late on Monday on the bloc's first ever set of rules to regulate ESG ratings of company sustainability credentials,...
EU Finalizes ESG Reporting Rules with International Impacts
WEBJan 30, 2023 · In late November 2022, EFRAG submitted the first set of draft standards, known as European Sustainability Reporting Standards (“ESRS”), to the Commission for review. The Commission is expected to adopt them in June 2023 following consultation with other EU bodies and Member States.
Sustainable finance - European Commission
WEBThe EU is examining how to make sustainability considerations an integral part of its financial policy in order to support the European green deal. Overview of sustainable finance. Platform on Sustainable Finance. Tools and standards. EU taxonomy for sustainable activities.
Environmental, social and governance (ESG) ratings: Council and ...
WEBFeb 5, 2024 · The Council and European Parliament today reached a provisional agreement on a proposal for a regulation on environmental, social and governance (ESG) rating activities, which aims to boost investor confidence in sustainable products.
The Commission adopts the European Sustainability Reporting …
WEBJul 31, 2023 · The Commission adopted today the European Sustainability Reporting Standards (ESRS) for use by all companies subject to the Corporate Sustainability Reporting Directive (CSRD). This marks another step forward in the transition to a sustainable EU economy.
ESG rating activities - European Commission - Finance
WEBFeb 5, 2024 · The EU agreed a new regulation on ESG rating activities that will ensure that investors and other stakeholders have access to reliable and comparable information about the ESG ratings objectives (what they assess) and methodologies (how they assess).
Sustainable economy: Parliament adopts new reporting rules for ...
WEBNov 10, 2022 · The Corporate Sustainability Reporting Directive (CSRD), adopted today with 525 votes in favour, 60 votes against and 28 abstentions, will make businesses more publicly accountable by obliging them to regularly disclose information on their societal and environmental impact.
Corporate sustainability due diligence - European Commission
WEBThe aim of this Directive is to foster sustainable and responsible corporate behaviour in companies’ operations and across their global value chains. The new rules will ensure that companies in scope identify and address adverse human rights and environmental impacts of their actions inside and outside Europe.
New social and environmental reporting rules for large companies
WEBJun 21, 2022 · From 2024, large companies will need to publicly disclose information on the way they operate and manage social and environmental risks. On Tuesday, MEPs and EU governments struck a provisional agreement on new reporting rules for large companies.
EU Adopts Legislation To Regulate ESG Rating Providers
WEBJul 9, 2024 · The EU’s adoption of the Regulation on the Transparency and Integrity of Environmental, Social and Governance (ESG) Rating Activities (the ESGR) made the EU the first jurisdiction in the world to formally regulate the growing ESG ratings market.