‘Major milestone’ for impact investing as revision of Sustainable Finance Disclosure Regulation acknowledges it for the first time as a distinct practice, but text risks being cut as it journeys through EU legislative negotiations.
OPINION: There’s a message blowing across the Atlantic that the business of investment is to maximise return, and considering people and planet is woke nonsense. This argument is outdated, says GSG Impact chair Nick Hurd.
Campaigners say EU is “moving in reverse” after radical proposal to further limit the reach of flagship corporate sustainability regulations passes key vote in Parliament thanks to support from far-right parties vowing to “stop the Green Deal”.
Impact Europe today revealed the name of its new chief: Angela Wiebeck, praised for “building bridges” between mainstream finance and impact over her two decades at UBS and Aquila Capital. She speaks to Pioneers Post from Brussels.
The consensus text criticised for watering down corporate sustainability requirements had been approved by centre parties in committee last week, but MEPs narrowly rejected it in a plenary vote yesterday.
It's time to face reality as EU corporate sustainbility laws are further undermined, why we're trying to avoid acronyms, and a few reasons to read our latest explainer. This week's view from the Pioneers Post newsroom.
EU parliament committee doubles down on the bloc’s sustainability simplification drive, hardening proposals in the controversial “Omnibus” package that have come under fire for diluting flagship corporate impact reporting regulation.
European social enterprises might have a stronger ally than expected in Brussels, but they need to be pragmatic, acknowledge changing priorities and build their narrative accordingly. Euclid Network’s Toby Gazeley reports from European Social Economy Week in Spain.
Much-awaited directive banning businesses from making false green claims hits a wall after EU executive signals it will withdraw its proposal for a Green Claims Directive days before final negotiations following right-wing pressure.
