Eumedion supports draft ESMA enforcement guidelines for sustainability information
News ยท 14-03-2024
Eumedion commends the European Securities and Markets Authority (ESMA) for proposing draft Guidelines on Enforcement of Sustainability Information (GLESI) that are on an equal footing with ESMA’s existing Guidelines on Enforcement of Financial Information (GLEFI). This follows from Eumedion's comments on the draft guidelines, submitted today.
This is necessary as both types of information form crucial inputs for investors’ decisions to trade, vote, or engage with listed companies. Eumedion further sees a critical role for ESMA in coordinating a uniform interpretation and enforcement of the European Sustainability Reporting Standards by the National Competent Authorities across the entire European Union.