Nordic investors voice disappointment over EU's new sustainability standards

While the EU Commission says they have found the right balance in limiting the burden on companies, investors say the regulation gives companies too much discretion on what to report.

EU Commissioner for Financial Services Mairead McGuinness. | Photo: Johanna Geron/Reuters/Ritzau Scanpix

by PHILIP MADSEN

With the adoption of the Corporate Sustainability Reporting Standards on Monday, the EU Commission has revealed the checklist that companies must use when reporting their impact on ESG-related issues such as climate.

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Nordic investors voice disappointment over EU's new sustainability standards

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Many supervisory authorities are gearing up for joint action against greenwashing

Toughest ESG rule yet puts EU on collision course with US

EU to strike down on greenwashing with new ESG assessment rules

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Front page now

Nicolai Tangen is a huge fan of the Women in Finance Charter but stresses that promotions must be fair

Pension funds abandon dialogues with oil majors and divest shares

Analysis: Will Nordic investors take the lead in the battle of biodiversity?

Swedish asset manager kicks off new fund with leading Nordic institution

More than one third of managers do not report ESG violations to Varma, despite shared values

Danish FSA criticizes investment funds for inadequate evaluation between costs and returns

BankInvest to optimize investment processes with new hire

World’s no. 1 stock owner calls out Big Oil as carbon levels go up

Nordics show clear appetite for new asset classes, BlackRock survey reveals

28 Nordic investors in new alliance to engage companies on nature risk

Storebrand growth fund gets new portfolio manager

Danish pension fund invests to support female entrepreneurship in Southeast Asia

Further reading

Scandinavian firms show large ESG gaps on cusp of new rules

Swedish asset manager kicks off new fund with leading Nordic institution

Analysis: Will Nordic investors take the lead in the battle of biodiversity?

BankInvest to optimize investment processes with new hire

Danish FSA criticizes investment funds for inadequate evaluation between costs and returns

Nordics show clear appetite for new asset classes, BlackRock survey reveals

Jobs