IDEAS home Printed from https://ideas.repec.org/a/fem/fbrief/2019.02-01.html
   My bibliography  Save this article

Transforming the EU Financial Sector into a Powerful Actor in Promoting Sustainability

Author

Listed:
  • Piero Basaglia

    (Fondazione Eni Enrico Mattei)

Abstract

At the beginning of January 2019, the Technical Expert Group on Sustainable Finance set up by the Commission in July 2018 has issued its first report on companies’ disclosure of climate-related information. It includes a set of instructions that will lay the foundations for the Commission to reform its voluntary guidelines on non-financial reporting (2014/95/EU). Furthermore, the European Commission has unveiled a series of draft rules on how investment firms and insurance distributors should account for sustainability issues when advising their clients. These recent announcements are part of the Commission’s Action Plan on Financing Sustainable Growth, which represents one of the pivotal steps towards the implementation of the Paris Agreement pledge and the EU’s agenda for sustainable development.

Suggested Citation

  • Piero Basaglia, 2019. "Transforming the EU Financial Sector into a Powerful Actor in Promoting Sustainability," Briefs, Fondazione Eni Enrico Mattei, February.
    • Handle: RePEc:fem:fbrief:2019.02-01
    as

    Download full text from publisher

    File URL: https://www.feem.it/en/publications/briefs/transforming-the-eu-financial-sector-into-a-powerful-actor-in-promoting-sustainability/
    Download Restriction: no
    ---><---

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Aldina Lopes Santos & Lúcia Lima Rodrigues, 2021. "Banks and Climate-Related Information: The Case of Portugal," Sustainability, MDPI, vol. 13(21), pages 1-20, November.

    More about this item

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:fem:fbrief:2019.02-01. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Alberto Prina Cerai (email available below). General contact details of provider: https://edirc.repec.org/data/feemmit.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.