The European Sustainable Investment Forum (Eurosif) published a release backing a joint investor statement urging the European Commission to “preserve the integrity and ambition” of the EU sustainable finance framework as an Omnibus Package is expected on 26 February to amend key sustainable finance regulations. Investors warn that reopening the rules for wholesale revision could create legal uncertainty, weaken corporate sustainability disclosures and harm investment and Europe’s long-term economic competitiveness. More than 200 financial sector actors, including 162 asset owners and asset managers with a combined EUR 6.6 trillion in assets under management, signed the statement, which is also supported by the Institutional Investors Group on Climate Change and the Principles for Responsible Investment. While endorsing the objective of simplifying and improving coherence, signatories argue for targeted changes focused on streamlining technical standards and providing clearer implementation guidance, while emphasising the need for long-term policy stability.
Eurosif 2025-02-04
European Sustainable Investment Forum supports €6.6 trillion investor call for the EU Commission to avoid wholesale revisions to sustainable finance disclosures
Eurosif supports a joint investor appeal urging the European Commission to preserve the EU sustainable finance framework's integrity amid amendments. Over 200 financial entities, managing EUR 6.6 trillion, warn against revisions causing legal uncertainty and weakening sustainability disclosures. Signatories advocate targeted changes to streamline technical standards and enhance guidance, emphasizing long-term policy stability.