The proposed CBIRC regulation amends and replaces the Interim Regulations on Insurance Asset Management Companies, issued in 2004. It steps up the reform and opens up the financial sector while taking into account the challenges and development…
The Commission’s proposed Corporate Sustainability Reporting Directive (CSRD) requires certain companies to disclose how they consider and manage ESG factors. This sign on letter will support PRI’s policy engagement to ensure the final CSRD enables investors to meet their reporting requirements and scale up their contribution to the EU Green Deal.
Globally comparable, consistent and high-quality corporate sustainability disclosure is needed to enable investors to incorporate ESG issues and assess the sustainability performance of corporate entities.
Investors regularly report to the PRI that a lack of consistent and comparable sustainability information is a substantial barrier to their responsible investment practice. For investors selling and/or marketing products in the EU, access to comparable, consistent and high-quality corporate sustainability disclosure is even more important to meet the increasing sustainability-related disclosure requirements under regulations such as the Sustainable Finance Disclosure Regulation (SFDR) and EU Taxonomy.