Scoop – EU agrees on partial inclusion of financial sector in CSDDD

Flags flying outside European Commission hq
The decision on whether financial institutions should be covered by downstream due diligence requirements will be reviewed two years after the CSDDD comes into force (Photo: Dmitry_Rukhlenko/Envato)

Contrary to an EU official communication, certain activities of banks and other financial companies will be captured by new corporate sustainability rules

All financial institutions operating in the EU will have to comply with upstream supply chain obligations and draw up climate transition plans aligned with the Paris Agreement, after ...

To continue reading
Request Free Trial

  • Unlimited access to all content.
  • Email alerts highlighting key industry insight.
  • Invitations to attend exclusive roundtables and events.
  • The Sustainable Views Policy Tracker - deep insight on ESG regulations and deadlines.

Read Next:

Planting trees_forestry
Knowledge Hub, Policy & Regulation, UK
February 23, 2024

Including Woodland Carbon Code in UK ETS could boost prices and accelerate afforestation

A paper co-authored by academics at King’s College London and asset manager Foresight Group argues the case for expanding the UK’s Emissions Trading System to include afforestation 
Read more