Corporate Sustainability Due Diligence Directive News

Banks, Insurers Temporarily Dodge Full Impact of EU’s Harshest ESG Law to Date

The finance industry will be shielded from the full scope of the European Union’s most consequential piece of ESG legislation to date, as the bloc settles on a compromise to help it get the bill over the finish line. Under …

Banks, Insurers May Escape EU’s Toughest ESG Regulation So Far

Banks, asset managers and other financial firms have won a reprieve from Europe’s most consequential ESG regulation to date, as a wave of intense industry lobbying pays off. Spain, which holds the European Union’s rotating presidency, has proposed that financial …

Executive Bonuses in Crosshairs in New CO2 Proposal: ESG Regulation

Executives will face bonus cuts if the companies they run fail to hit climate transition targets, under a new European Union proposal that greatly expands the range of levers regulators can draw on to meet terms of the Paris Agreement. …