The European Banking Authority (EBA) has published an opinion on the European Commission’s proposed amendments to the final draft of the Implementing Technical Standards (ITS), an ESG disclosure standard for banks.
EBA said it accepted the recommendations for practical amendments to ensure more proportionality but insists institutions should make every effort to disclose relevant information.
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The European Commission putting together a one-day conference - titled Supporting companies in applying the European sustainability reporting standards - was always going to be somewhat of a sales pitch, and understandably so.
As UK NCP finds instances of non-compliance at a former subsidiary of Glencore in Chad.
