EC Action plan on Financing Sustainable Growth


The EC Action plan on Financing Sustainable Growth has just been issued this morning.

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.