EC Action plan on Financing Sustainable Growth

08.03.2018

The EC Action plan on Financing Sustainable Growth has just been issued this morning. https://ec.europa.eu/info/sites/info/files/180308-action-plan-sustainable-growth_en.pdf

Among the different initiatives announced in this action plan, the EC intends:

  • To promote corporate governance that is more conducive to sustainable investments, by Q2 2019, the Commission will carry out analytical and consultative work with relevant stakeholders to assess: (i) the possible need to require corporate boards to develop and disclose a sustainability strategy, including appropriate due diligence throughout the supply chain, and measurable sustainability targets; and (ii) the possible need to clarify the rules according to which directors are expected to act in the company's long-term interest.