#Latest news with #TaxonomyRegulationBloomberg05-02-2025BusinessBloombergCalls for Simplifying ESG-Related Rules Grow Louder in EuropeA group that advises the European Commission is calling for significant changes to the rules for corporate reporting of sustainable business activities. The Platform on Sustainable Finance is recommending the European Union's Taxonomy Regulation be revised to make it easier for companies to decide which metrics are material to report. The regulation, which was adopted in 2020, has been renounced by some companies for being overly complicated and of limited use.
Bloomberg05-02-2025BusinessBloombergCalls for Simplifying ESG-Related Rules Grow Louder in EuropeA group that advises the European Commission is calling for significant changes to the rules for corporate reporting of sustainable business activities. The Platform on Sustainable Finance is recommending the European Union's Taxonomy Regulation be revised to make it easier for companies to decide which metrics are material to report. The regulation, which was adopted in 2020, has been renounced by some companies for being overly complicated and of limited use.