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Pharma giant Bayer breaks with own industry association to call for law to be passed as politicians battle over German position in key vote.
The EU's due diligence directive will empower governments, stakeholders and investors to hold companies accountable, say Rebecca DeWinter-Schmitt and Richard Gardiner.
The latest developments in sustainable finance: Nigeria launches consultation on ISSB standards; BoA removes explicit mentions of bans on financing coal and Arctic drilling.
American firms are up in arms at the prospect of being forced to account for their supply chains by European policymakers – and rightly so, say Daniel Crowley and Robert Eccles.
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Implementation and streamlining of existing rules in focus for 2024, with all eyes on EU elections in June and the implications for the sustainable finance agenda.
Financial institutions will only be required to conduct due diligence on their own operations but will have to implement 'robust' transition plans.
Concessions on access to justice measures and transition plans also endorsed by permanent representatives from European member states.
Sources following the process say that France has been lobbying for the removal of the sector from the bloc's due diligence directive.
As stakeholders gear up for the next trilogue on the bloc's proposed due diligence directive, RI explores some of the key sticking points.