EU ministers approve 'Juncker plan' extension: EU finance ministers approved on Tuesday (6 December) the extension of the European fund for strategic investment (EFSI) until 2020, provided some changes are made in the way it works.
EU public lacks voice on banking laws: The complexity of financial laws is “an obstacle” that prevents the “man in the street” from influencing the lawmaking process, a high-ranking civil servant in the European Commission said on Wednesday.
Time for European business to listen to its workers: Workplace democracy makes firms more productive, and therefore more likely to contribute to growth in Europe. The EU should make worker participation in company governance a priority, writes Peter Scherrer, deputy general secretary of the European Trade Union Confederation.
Among Global Firms, Sustainability Disclosure Increased Slightly: Among global firms, the average disclosure rate across a wide set of sustainability practices increased only slightly compared to last year, signaling more focused sustainability reporting, according to a new report by The Conference Board. However, companies reported improved performance among a number of environmental practices.
Is India ready to embrace the circular economy?: In the last decade, India has experienced considerable economic growth, averaging 7.4% annually. With its young population and nascent manufacturing sector, the country is in a position to make systemic choices and bend the road ahead.
'After a year of negotiations, there is finally agreement on the proposal revision of the rights and duties of shareholders. The end of the trilogue negotiations marks the beginning of a new set of rules to encourage long-term engagement of shareholders and improve the corporate governance of stock listed EU companies. Further transparency for institutional investors and asset managers in their investment policies will contribute to rendering this directive very strategic in advancing sustainable and responsible investment practices. This directive has been an important area of focus for Eurosif and we have been working with a plethora of European partners to ensure a meaningful result. Ensuring that institutional investors and asset managers develop detailed and long-term oriented engagement and voting policies has been recognised as core issues by our organisation, which joined forces with the likes of Eumedion in 2015, to reach out to policy makers and raise awareness of the strong implications of governance issues for responsible governance and finance.
The success of this legislative proposal - in the context of reinforcing long-term oriented investment and corporate practices, aligned with sustainable growth objectives and the European economic growth agenda - represents another crucial step towards a sustainable Capital Markets Union.'
- Flavia Micilotta, Eurosif Executive Director
Eurosif is the leading European association for the promotion and advancement of sustainable and responsible investment across Europe, for the benefit of its members.
Eurosif's purpose is to:
1. Promote best practice in Sustainable and Responsible Investment (SRI) on behalf of its members
2. Lobby for European regulation and legislation that supports the development of SRI
3. Support its members in developing their sustainable and responsible investment business
4. Promote the development of, and collaboration between SIFs across Europe
5. Provide research and analysis on the development and trends within the SRI market across Europe
6. Raise awareness of and increase demand for SRI throughout the European capital markets www.eurosif.org
Eurosif’s EU Transparency registration number with the European Commission is 70659452143-78.