The U.S. surprised many by vowing to reduce its carbon emissions by 50%. This pledge followed hot on the heels of a similar announcement by the U.K., and many other positive speeches from world leaders gathered at President Joe Biden’s virtual summit. Yet there was no mention of the earth’s most precious resource – water […]
By Susanna Rust2021-06-04T14:11:00+01:00
Pension funds are concerned that decision-making at EIOPA does not always sufficiently take account of their particularities, PensionsEurope has told the European Commission, while also calling for no-action letters to be made available with regard to the sustainable finance disclosures regulation (SFDR).
In a consultation response, it said the supervisory authority’s expertise was likely to continue to develop in favour of insurance – and indicated this was logical – and said it was therefore concerned that “the decision-making processes insufficiently take into account the idiosyncrasies of occupational pensions, stemming from the strong relationship with social and labour law”.
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