EU sustainability regulation

Nuclear energy in Spain

Labelling Of Nuclear Power As ‘Sustainable’ Under EU Taxonomy Will Benefit France

Scope Ratings ( Thomas Gillet) | The European Commission has started consultations on a draft text for labelling nuclear as a ‘green’ energy source under the EU’s taxonomy for environmentally sustainable activities. If the proposal is approved by the European Parliament and the Council, it would have positive credit implications for France (AA/Stable) given the importance of nuclear in the country’s power mix, climate plan and energy independence. The EU…

green new deal

EU Investors To Report How Sustainable They Are

Asset managers, pension funds, insurers or investment advisors in the European Union (EU) will be obliged to report how they assess the environmental and social sustainability of their products. And when they claim to have a green strategy, to justify it. This is required by the regulation on sustainability disclosure in financial services that came into force on Wednesday and seeks to prevent so-called “greenwashing”, whereby investments not actually climate-friendly are labeled as “green”.