Europe
July 18, 2023
MEPs back climate transition plans for insurers
Environmental groups have welcomed the European parliament vote to include transition plans as part of Solvency II – but expressed disappointment with proposals on capital...
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July 18, 2023
Regulator calls out EU plans for gas buildout
The European association of gas transmission operators’ latest 10-year plan needs improving, says the EU’s energy regulator, highlighting an over-large portfolio of gas projects and...
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July 13, 2023
European Commission urged to align EU reporting standards with ISSB
Responses to the consultation on the European Sustainability Reporting Standards call for them to be interoperable with other reporting regimes, in order to avoid duplication...
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July 12, 2023
MEPs back weakened nature restoration bill
The Nature Restoration Law has been passed by the European parliament – but differences in opinion between centre-right and centre-left politicians are likely to surface...
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Should the UK and EU emissions trading schemes be linked?
The introduction of the EU carbon border adjustment mechanism late this year could see the UK subject to extra costs – a good reason, say...
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July 5, 2023
EU proposes sustainable use of natural resources rules
The new measures include steps EU member states can take to reduce both food and textile waste, as well as proposals for a soil-monitoring law...
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June 20, 2023
EU proposes economic security and critical materials strategy
The EU commission's proposal includes carrying out risk assessments on the resilience of supply chains aimed at minimising risks to certain technologies and products in the bloc. The European Commission...
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June 16, 2023
EU parliament committee agrees 'ecodesign' standards for products
As part of its planned circular economy package, the environment committee says goods must be easy to repair and backs a ban on the destruction of unsold products. The European...
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June 15, 2023
Maritime industry prepares for tougher decarbonisation targets
Until now, shipping has avoided the same scrutiny as other industries on its emissions but upcoming EU regulation now aims to push for greater reductions on a global scale. In...
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June 15, 2023
French regulator finds only few funds report missing their ESG goals
The positive findings of a French study into asset managers’ internal audit of funds’ sustainability commitments are being questioned as too low. A study by French markets regulator the Autorité...
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June 13, 2023
EU issues final proposals for sustainable financing strategy
The EU proposals include guidance to ensure ESG ratings providers are reliable and transparent, and methodologies are robust – but some critics have called them “burdensome and bureaucratic”. The European...
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