Insurance Europe has published its response
to a consultation conducted by the European Commission on its proposals
for the Corporate Sustainability Reporting Directive (CSRD).
As Europe’s largest
institutional investor with €10 trillion of assets under management, it
is vital that consistent, comparable and machine-readable sustainability
data is available, so that insurers can make appropriate investment
decisions and comply with European regulatory disclosure requirements,
such as the Sustainable Finance Disclosures Regulation and the
Taxonomy.
The CSRD will therefore play a vital role in ensuring
that consistent and comparable sustainability data is available and,
together with the European Single Access Point initiative, can ensure
that this data can be accessed and used efficiently.
At the same time, some important clarifications and refinements are needed, which are outlined in the response.
Insurance Europe
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