Tuesday

6th Jun 2023

Ticker

EU to keep 'green' gas and nuclear labels

The EU Commission is going to stick to labelling gas and nuclear power as "green" in its taxonomy for investors, EU financial affairs commissioner Mairead McGuinness told German newspaper Frankfurter Allgemeine Zeitung Wednesday. "We may be able to tweak the proposal in one place or another to address some objections, but we actually have limited room for manoeuvre", she said, after Germany, among others, complained about the labelling decision.

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Analysis

Final steps for EU's due diligence on supply chains law

Final negotiations on the EU due diligence law begin this week. But will this law make companies embed due diligence requirements in their internal processes or incentive them to outsource their obligations to third parties?

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