EU watchdog reacts to "misleading" interpretation of ESG rules

Europe’s markets watchdog is calling for a rethink of the region’s ESG investing rulebook.
“The use of current sustainability disclosures under SFDR as a ‘label’ can be misleading,” Verena Ross, the chair of the European Securities and Markets Authority, | Photo: PR / ESMA
“The use of current sustainability disclosures under SFDR as a ‘label’ can be misleading,” Verena Ross, the chair of the European Securities and Markets Authority, | Photo: PR / ESMA
By Frances Schwartzkopff / BLOOMBERG

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.

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