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July 31, 2023

EU commission criticised for adopting weaker ESRS rules

EU flags in front of EC building
(Photo: Dmitry_Rukhlenko/Envato)

Investors will need greater information than what is mandated by the final text of the European Sustainability Reporting Standards, according to Eurosif, the PRI and other groups.

Sustainable finance experts have expressed their disappointment with the European Commission’s decision not to make all initially suggested, climate-related information mandatory in the European Sustainability Reporting Standards.

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