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18 Jan 2019

Technical Expert Group on Sustainable Finance

EU: Technical Expert Group on Sustainable Finance publishes report on climate-related disclosures

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"Technical Expert Group on Sustainable Finance: report on climate-related disclosures", 10 January 2019

On 10 January the TEG published its report on climate-related disclosures. This report corresponds to task 4 of the TEG’s mandate, which is to “Develop climate-related metrics in the context of its work on an EU taxonomy allowing improving disclosure on climate-related information and publish the outcome in a report.”

The European Commission will take this report into consideration when it updates the non-binding guidelines on non-financial disclosure that accompany the Non-Financial Reporting Directive (Directive 2014/95/EU).

Stakeholders are invited to provide with written comments on the TEG report by 1 February. The TEG will process these comments and give the Commission services a summary to be considered in the update of the guidelines...