This is a great info-graphic from a recent GRI Seminar.
Commissioner Mairead McGuinness wastes no time in starting work on drafting Sustainability Reporting Standards for the proposed Corporate Sustainability Reporting Directive.
On the 21st of April the European Commission released its proposal for a new corporate reporting directive that focuses on sustainability. The scope and impact of this Directive cannot be understated. It is widely accepted that the objectives and targets are ambitious, reflecting the urgency of the challenges that face Europe, in particular with regards to Climate Change.
This article from the Irish Times special report on Green Finance outlines the impact of European Commission regulations, that will I believe in time, force the redirection of cash into sustainable investments.