EU ESG rules News

Confusion About ESG Prompts EU Watchdog to Urge Rethinking of Rulebook

Europe’s markets watchdog is calling for a rethink of the region’s ESG investing rulebook after finding that the existing framework is being misinterpreted. At issue is the tendency of fund managers and their clients to treat the EU’s disclosure regime …

European Union Lawmakers Agree to Force Foreign Firms to Comply With ESG Rules

European lawmakers have agreed to force roughly 28,000 foreign subsidiaries to comply with the bloc’s ESG rules, marking a blow to representatives for U.S. corporations who had lobbied for the opposite outcome. In a wide-reaching revamp of the EU’s reporting …