European Union ESG Content

This memorandum catalogues significant ESG related developments that have occurred since the beginning of August. It references ICI memoranda that provide a more fulsome description of each matter. You can find all of these memoranda on our website in our ESG Resource Center.

On 6 July 2021, the European Commission published a package of revised sustainable finance strategy measures. This package included a proposed Regulation laying the foundation for a common framework of rules regarding the use of the designation 'European green bond' or 'EuGB' for...

ICI Global submitted a response (attached) on the IOSCO's "Environmental, Social and Governance (ESG) Ratings and Data Product Providers Consultation Report" (July 2021), in which we supported most of the report's recommendations and made some suggestions, particularly regarding...

On 12 July 2021, the European Commission's Platform on Sustainable Finance (PSF) published a survey seeking public feedback on the draft report on a proposal for a social taxonomy (Draft Report). The survey closed on 6 September 2021.

On September 1, SEC Chair Gensler spoke to the European Parliament Committee on Economic and Financial Affairs on three topics: (i) Predictive Data Analytics, Digital Engagement Practices, and Financial Stability; (ii) Crypto Assets; and (iii) Issuer Disclosures. Chair Gensler's...

We are planning to re-group to develop our advocacy work on the Corporate Sustainability Reporting Directive. As a first step, we will host a member call on 16 September, 16:00 BST/11:00 EDT to start developing our advocacy position and issue list. The committee members should have...

We want to draw your attention to a short consultation a stocktaking exercise, being conducted by the OECD with respect to its Guidelines for Multinational Enterprises, which closes on 14 September. The guidelines are growing in importance, and both the Taxonomy Regulation and the...

This memorandum catalogues significant ESG related developments that have occurred since the beginning of June. It references ICI memoranda that provide a more fulsome description of each matter. You can find all of these memoranda on our website in our ESG Resource Center.