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Simplifying the EU sustainability framework:​ priorities and challenges

Day 1 Afternoon

Wednesday 11 September

Room :

ROOM 2

Speakers

Public Authoritiess
Carlo
Commissioner - Commissione Nazionale per le Società e la Borsa (CONSOB)
David Henry
Vice President, Head of Government Affairs & Public Policy, EMEA - S&P Global
George
Chairman - Cyprus Securities and Exchange Commission
Nadine
Deputy Director General for Financial Market Regulation - Federal Ministry of Finance, Austria
Patrick
Chair of the Sustainability Reporting Board - European Financial Reporting Advisory Group (EFRAG)
Industry Representativess
Anna
Chief Financial Officer, EMEA - JPMorgan Chase & Co.
Harm
Chief Executive Officer and President of MUFG Bank (Europe) N.V. and Head of EU - MUFG Bank (Europe) N.V.
Julia
Head of Research and Advocacy - Finance Watch
Sveinung
Attorney-at-Law, DNB Legal - DNB Bank ASA

Objectives

The session is dedicated to clarifying the main weaknesses of the sustainability framework notably regarding its complexity and cost as raised by various stakeholders. In a clarified context the session will then focus on outlining what would be the possible levers to address these weaknesses and improve the general acceptability and by in of the existing sustainability framework.

Points of discussion: 

  • What are the main weaknesses of the comprehensive EU sustainability framework and related criticisms raised by the diverse stakeholders?
  • What are the main avenues for improving the situation notably regarding the cost and complexity of the framework without favouring greenwashing