Danske Bank, Nykredit: EU's green disclosure rules will be a "game changer"
The EU's new financial regulation on sustainability disclosure is far more ambitious that prior ESG initiatives. It will become a stronger market force and will move large capital sums toward greener ventures, say Danske Bank and Nykredit.
BY SIMON LUND CHRISTIANSEN, FINANSWATCH
As of Wednesday, March 10, banks, pensions companies and mutual funds will all be obliged to disclose just how sustainable their investment products are, thereby in earnest getting started with implementing the EU's forthcoming financial sector disclosure regulation on sustainability.
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