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ESG News: Regional perceptions are evolving. North American and European companies showed the largest increase in viewing sustainability as a value driver—up 9 and 10 points respectively. Meanwhile, APAC companies reported a shift toward risk management.
ESG News: Europe’s financial supervisory bodies have unveiled draft guidelines to embed ESG risks into the mandatory stress tests for banks and insurers across the European Union.
Funds Europe: The European Securities and Markets Authority’s (Esma) new ESG fund naming guidelines have led to rebranding, particularly among passive funds, though most strategies have remained intact, according to data provider Morningstar.
Investment Executive: Europe’s financial regulators are consulting on a common approach to incorporating environmental, social and governance (ESG) factors into stress testing across the financial sector.
ESG Today: The European Council announced an agreement by EU member states on the Council’s negotiating position on the Omnibus proposal to simplify and reduce sustainability reporting and due diligence requirements for companies.
Funds Europe: EU ESG Ucits funds are projected to top €11 trillion in assets by 2028, accounting for over 80% of total Ucits assets under management (AuM), according to a report from PwC Luxembourg.
ESG News: In a formal letter to Commissioner Jessika Roswall, the European People’s Party (EPP) has called for the complete withdrawal of the EU’s proposed Green Claims Directive (GCD), citing significant concerns over administrative burden, legal coherence, and lack of regulatory justification.
Yahoo Finance: As venture capital investors look to profit from Europe’s defence spending boom, speculators hunting for the next unicorn need to navigate hurdles such as EU sustainability guidelines and difficulties for start-ups in a market dominated by large prime contractors.
ESG News: The European Parliament’s lead negotiator on the Omnibus regulatory package, Jörgen Warborn of the European People’s Party (EPP), has released a proposal calling for significantly deeper cuts to the EU’s sustainability reporting obligations than those originally suggested by the European Commission.
ESG News: The European Union’s Ombudswoman has opened an inquiry into the European Commission’s recent proposal to relax corporate sustainability rules—following accusations that the process lacked transparency and excluded public consultation.
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