News & Events

New EU rules will make investors report on environmental risk

Share this Post:

The European Commission has released fresh proposals to ensure the financial sector contributes towards combating climate change.
New rules and guidance have been created to make it easier for investors to understand and act on sustainability and climate risk concerns. The creation of a ‘taxonomy’ will help define and clarify what investments are, and aren’t, green.
The regulations also propose forcing asset managers and institutional investors to disclose how they are factoring in environmental risk into their investment decisions.
“All financial entities that manage investments on behalf of their clients or beneficiaries will now have to inform them about how their activities are impacting the planet or their local environment,” said the Commission in a written statement. This is intended (...)

Read more on Construction21