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France Aligns With Brussels to Postpone CSRD Timeline

France, the first country to transpose the Corporate Sustainability Reporting Directive (the Directive or CSRD) through Order No. 2023-1142 of ­6 December 2023, Order No. 2023-1142 of 6 December 2023, concerning the...more

France Transposes Corporate Sustainability Reporting Directive Into Law

As the first EU country to transpose the CSRD into national law, France will gradually replace the EFPD with sustainability reporting under the new directive. The Corporate Sustainability Reporting Directive (the CSRD)...more

Sustainability-Linked Bond Issuers Miss Sustainability Targets: 10 Takeaways

Issuers should consider the ambitiousness of their sustainability targets, any challenges in achieving the targets on schedule, and how they will prove their progress. The global market for sustainability-linked bonds ...more

Tracking Stocks May Serve as a Tool for the ESG Pivot

A relic of the dot-com era may prove useful in attracting investors seeking specific exposures that are ESG-aligned. Shareholders, regulators, and other stakeholders continue to drive the integration of environmental, social,...more

EBA Consults on Prudential Disclosures on ESG Risks

The EBA consultation paper calls for the implementation of a Green Asset Ratio to measure banks’ sustainability performance. Regulators and sustainability-conscious investors increasingly expect banking institutions in...more

Sustainability-Linked Finance Takes Off in 2020

A series of recent developments has driven a rapid increase in sustainability-linked loan and bond issuances in a variety of jurisdictions and industries. Background: Sustainability-Linked vs. Activity-Based - The...more

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