Recently ELS Europe has received an uptick in queries from financial and non-financial organisations on transition planning. We share insights on the process of transition planning, the content and use of a transition plan, how it may be financed in the context of EU and international sustainable finance frameworks as well as a short checklist...

The EU Green Bond Regulation and draft regulatory technical standards set out in-depth requirements for issuers and independent external reviewers for bonds labelled as “EU Green Bonds”. These rules break away from the existing global green bond market and demonstrate an advanced level of accountability and transparency towards building an environmentally and socially sustainable economic...

In 2016, China put in place a foundational framework for green finance, two years before the European Union’s 2018 Sustainable Finance Action Plan. Since then, China has developed its “Green Bond Catalogue” – a sustainable taxonomy for bond issuance, issued ‘Green Credit Guidelines’ and a ‘Statistical System of Green Insurance’. Earlier this year, China’s three...

The compromise text of the Corporate Sustainability Due Diligence Directive (CSDDD) amending the ‘Whistle Blowers’ Directive was adopted by the EU Parliament this week. The final text approved by the EU Institutions and to be formally endorsed by the Council raised the thresholds for in-scope non-financial and financial companies.  Once transposed by member states, company’s...

Introductory remarks delivered by Dawn Slevin, Managing Director ELS Europe on 30 June 2022 to the European Parliament during the audition of candidates for the position of chair of EFRAG’s Sustainability Reporting Board. The recording of the audition can be found here. Dawn’s candidacy was confirmed in the Commission Decision of 30.6.2022 on the endorsement...