EU regulators call for changes to ESG rulebook


A “coherent sustainable-finance framework” is needed to protect investors, the regulators said. — Bloomberg

COPENHAGEN: Europe’s environmental, social and governance (ESG) rulebook, which is seen as the benchmark for setting sustainability-disclosure requirements worldwide, keeps getting pushback from the regulators charged with enforcing it.

In an opinion to the European Commission (EC), regulators for the markets, banking and insurance industries called yesterday for changes to the Sustainable Finance Disclosure Regulation (SFDR).

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