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PRI chief sustainable systems officer talks to RI about ‘welcome’ simplifications of EU sustainable finance rules, predicts 2025 ‘realisation point’ for responsible investing.
-80x80.png "People & Appointments: Millerot to replace Spolc as EC head of sustainable finance")
The latest ESG movers and shakers: S&P Sustainable1 vice chair Mattison resigns; GRI CEO Eelco van der Enden to step down; TNFD appoints Al Mubarak as new co-chair.
It comes just months after banks came to an agreement on a voluntary disclosure standard.
Measures to encourage demand for smaller providers have also survived a key parliamentary vote.
The group will ramp up its focus on the usability of the bloc’s taxonomy – and the EU sustainable finance framework – as part of its new mandate.
The EU’s first set of draft CSRD rules was published in 2022.
EU’s financial watchdogs submit views on EFRAG’s draft sustainability standards to the European Commission.
The feedback was made to an EU regulatory consultation.
Environmental representatives on the Platform for Sustainable Finance allegedly ‘told to table more favourable advice’ by senior EC official.
ESG markets have been impacted by the Russian invasion of Ukraine.