FIN.

Commission adopts sustainable finance measures

The European Commission has adopted a package of measures to help improve the flow of money towards sustainable activities across the EU.

The package includes:

  • the EU Taxonomy Climate Delegated Act which aims to support sustainable investment by making it clearer which economic activities most contribute to meeting the EU’s environmental objectives;
  • a proposal for a Corporate Sustainability Reporting Directive; and
  • six amending Delegated Acts covering investment and insurance advice, fiduciary duties and investment and insurance product oversight and governance.

Duncan Scott