Latest EU sustainable finance rules 'crucial' in fight against greenwashing and net zero goals

Experts encourage EU to move quickly on proposals

Mike Sheen
clock • 2 min read
Measure would help investors "re-orient investments towards more sustainable technologies and businesses"
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Measure would help investors "re-orient investments towards more sustainable technologies and businesses"

The European Commission’s latest package of classifications for sustainable finance activity has been labelled a “crucial” step in the European Union’s ongoing efforts to tackle greenwashing and meet its 2050 net zero goals.

However, experts have warned that "time is of the essence" and EU legislators must move quickly to develop its Technical Screening Criteria (TSC) for the bloc's remaining environmental objectives. A...

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