Regulation

Amendments to EU proposal will go to vote next week

Initiative is part of the European Commission’s Sustainable Action Plan

New FAQs about the Technical Expert Group on Sustainable Finance

Study made against backdrop of EU Sustainable Finance Action Plan.

Government-backed panel included asset owners like Ontario Teachers and CDPQ

One of the most significant recommendations being pursued in the EU’s Action Plan is ‘to introduce a common sustainable finance taxonomy to ensure market consistency and clarity’. In what way would it work? How can such a taxonomy be both flexible and have integrity for identifying activities, assets and revenue segments that deliver on key sustainability goals? How could the EU and its Member States apply relevant rules, and who would regulate them? What would that mean outside of the EU? This webinar will answer these issues and many more, and let you pose your own questions on the Taxonomy. Speakers: Martin Spolc, Head of Unit, Capital Markets Union, DG Financial Stability, Financial Services and Capital Markets Union at the European Commission (EC), Nathan Fabian, Chief Responsible Investment Officer, Rapporteur of the Taxonomy Group, PRI Moderator: Sophie Robinson-Tillett, Deputy Editor, Responsible Investor

Why 2019 will be a pivotal year for all sorts of reasons

Significant moves by the Big Three come amid regulatory pressure

Concern as European Commission’s proposals go beyond original HLEG recommendations

Fears that a ‘do-no-harm’ approach on human rights is not enough