Bloomberg Launches Sustainability Screening Tool for Investors
Bloomberg announced the launch of a new tool aimed at helping investors assess and screen portfolios, funds and indices based customized sustainability criteria and thresholds, available on the Bloomberg Terminal. The new tool will reportedly help investors make investment decisions and meet regulatory compliance, amidst a diversification of sustainable investment strategies, and as regulators globally require investors to assess if the companies, they invest in are meeting sustainability thresholds. Read more
Council adopts directive to delay reporting obligations for certain sectors and third country companies
The EU Council has given its final approval to the directive on time limits for the adoption of sustainability reporting standards for certain sectors and third country undertakings, which amends the Corporate Sustainability Reporting Directive (CSRD) to give the companies concerned more time to apply European Sustainability Reporting Standards (ESRS). Read more