4 October 2023

Breaking news – Sustainable Finance

What’s new in sustainable finance? 

Every week, Carbon4 Finance shares the latest headlines in sustainable finance. 
The Joint Committee of the three European Supervisory Authorities (EBA, EIOPA, and ESMA – the ESAs) published their second annual Report on the extent of voluntary disclosure of principal adverse impacts (PAIs) under Article 18 of the Sustainable Finance Disclosure Regulation (SFDR). 
ESMA announced they will launch a Common Supervisory Action (CSA) with National Competent Authorities (NCAs) on Midfid II sustainability requirements. The objective of the CSA is to monitor the intermediaries' advancements in implementing the key sustainability requirements. 
18 Asset Managers representing $1.9 trillion in Assets under Management wrote a letter to the chairs of 35 high-emitting FTSE350 companies. This letter asks to hold meetings so shareholders can express their views on transition plans with specific resolutions. 

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