Non-financial information affecting the climate change should be mandatory, public and verifiable

In the wake of the European elections in spring 2019, EU citizens have witnessed a flowering of statements marking an important step in the development of a much-needed common and transparent language for mainstreaming sustainability in the financial sector. Within a few days, the European Commission adopted new guidelines on companies’ climate-related information reporting consistent with the TCFD’s recommendations, and 3 new key reports has been published by the EU Technical Expert Group on sustainable finance (on Taxonomy, Green Bond Standard, Climate benchmarks).

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