The package of measures is as follows: The delegated act on the climate aspect of the EU taxonomy aims to promote sustainable investments by giving a clearer view of the economic activities that contribute the most to the achievement of the EU's environmental objectives. A proposal for a directive on the publication of sustainability information by companies (CSRD) aims to improve the information flow on sustainability from the corporate side. It will harmonise the publication of information on sustainability by companies, which will enable financial companies, investors, and the general public to have comparable and reliable information in this area. Finally, the six amending delegated acts relating to fiduciary duties and investment and insurance advisors will ensure that financial firms, for example, advisers, asset managers, or insurers take sustainability into account in their procedures and in the investment advice they provide to their clients.
For more information, click here.