On 2 May, the European supervisory authorities EBA, EIOPA, and ESMA (the ESAs) published a consultation paper. This includes a draft regulatory technical standard (RTS) considering whether and to what extent ESG-data should be published. In particular, the draft RTS considers the disclosure of Principal Adverse Impact (PAI) effects with regard to assets financed via
Sustainability regulation
EU Commission presents EU Green Bond (EuGB) standard
The EU Commission has presented the eagerly awaited draft legislation for the EU Green Bond Standard (EuGB) as part of its Sustainable Finance Strategy. The EU Green Bond Standard will also be open to issuers of green bonds outside the EU. The proposed framework contains four main requirements: …