European Parliament Proposes Stricter Limits on ESG Reporting Requirements
9 Articles
9 Articles
EU to Lower ESG Reporting Requirements
The European Parliament is considering a proposal to significantly relax sustainability reporting requirements. The majority of European companies could potentially avoid complying with ESG standards. The European Parliament’s Committee on... Сообщение European Parliament to Ease ESG Reporting Requirements for Local Companies появились сначала на CoinsPaid Media.
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What a difference a year makes. At A-Team Group’s last big ESG event, in the spring of last year, delegates were still buoyant about the ESG space even after a bruising 12 months in which anti- sustainability rhetoric had risen again. Calls among conservatives in the US to backpedal on regulatory controls combined with the implementation of bans on ESG asset investment by some states’ municipal finance teams couldn’t chill the enthusiasm of adhe…
ESG Compliance Across Borders: Legal Insights for Global Businesses
After years of only being a voluntary initiative, Environmental, Social, and Governance (ESG) compliance has shifted to a binding principle that forming part of business strategy and regulating business operations in varied jurisdictions across the world. All stakeholders including governments, investors, and consumers now want greater responsibility, pushing corporations to adhere to tough ESG requirements. Even so, given that regulations diffe…
European Parliament proposes stricter limits on ESG reporting requirements
The European Parliament’s Committee on Economic and Monetary Affairs (ECON Committee) is proposing a dramatic scaling back of sustainability reporting and due diligence obligations, in a move that could exempt thousands of companies from the European Union’s ESG regulations. According to a draft amendments report seen by ESG Today, the proposed changes go well beyond the European Commission’s recent Omnibus package, which had already sought to r…
Sweeping cuts to EU ESG reporting scope proposed in Parliament amendment
The European Parliament’s Committee on Economic and Monetary Affairs (ECON Committee) is proposing a dramatic scaling back of sustainability reporting and due diligence obligations, in a move that could exempt thousands of companies from the European Union’s ESG regulations. According to a draft amendments report seen by ESG Today, the proposed changes go well beyond the European Commission’s recent Omnibus package, which had already sought to r…
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