ESMA published a Supervisory Briefing that develops guidelines to combat greenwashing by creating common supervisory criteria for national supervisory authorities. Part five The European Securities and Markets Authority (ESMA) has identified the risk of an increase in greenwashing linked to European regulations and wants to address this. [...]
2023 marks the halfway point in the global journey towards the implementation of the United Nations 2030 Agenda. The major global crises of recent years have slowed progress towards the SDGs. Several detailed reports note the slowdown in the implementation of the Sustainable Development Goals in Europe. [...]
Each year, the French financial markets authority (AMF) examines the information published by listed companies on their corporate governance and on the compensation of their executives. A large part of the report published in December 2022 by the institution is devoted to the consideration of corporate social responsibility (CSR) by [...]
In addition to deciphering and appropriating the Disclosure Regulation, companies in the financial sector are also subject to the Taxonomy Regulation since the beginning of 2022. In France, the law on energy and climate enacted in 2019 and its implementing decree reinforce the transparency obligations of the Article 173 report [...]
Article 29 of the Climate and Energy Law applies to the financial sector (insurance, banking, asset management companies) for collective management, discretionary management and investment advice. To comply with these new reporting requirements, the regulation recommends that portfolio management companies analyse the investment sectors of their funds. [...]
On March 1 and 2, 2023, the One Forest Summit was held in Libreville, with the objective of putting the Congo Basin Forest under the spotlight. The overall goal of the summit was to accelerate the conservation and sustainable management of tropical forests, which are vital sinks [...]
Companies subject to the NFRD must implement the CSRD as of 2025 for the fiscal year 2024. The CSRD expands the scope and requirements of the NFRD. Affected companies will soon be required to provide enhanced and audited non-financial reports that comply with the principle of double materiality. [...]
Part three Are you affected by the Disclosure Regulation? It can be difficult to navigate the complexities of the new regulations. The table below sets out, as succinctly as possible, the impact of the various articles of the Disclosure Regulation on economic and financial actors. [...]
The "EU Sustainable Finance Action Plan", one of its main objectives is to involve the financial sector in the EU's climate objectives. First part The EU Disclosure Regulation has created new sustainability transparency obligations for market participants. Significant investments are needed to meet the resilience, sustainability and [...]
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