The initiative will complement the region’s green taxonomy, currently in draft stage.
The target-setting framework has soared in popularity despite concerns over governance and methodology.
Resolution asks firm to initiate changes to governance documents or proxy statements to give shareholders 'reasonable time' to vote after final proposal presented.
The European Commission is looking to develop CSRD assurance standards suitable for both independent service providers and auditors.
The supervisor has issued voluntary guidance ahead of future mandatory requirements.
This is the regulator’s third greenwashing-related lawsuit in the space of six months, following its crackdown on misleading ESG claims this year.
Standard setter IAASB is working closely with the European Commission to ensure ISSA 5000 meets the requirements for CSRD assurance.
The standard is suitable for reporting under the CSRD, ISSB, GRI and IOSCO frameworks and due to be finalised by the end of 2024.
Investors are split on the amendment, which will be discussed again as part of the wider green industry bill in September.
France is the first country to propose a national requirement for listed companies to disclose their climate plans for shareholders to vote on.