EESC Calls for Clearer Green Investment Labels
The European Economic and Social Committee (EESC) has released its review of the Sustainable Finance Disclosure Regulation (SFDR), calling for more robust measures to prevent greenwashing. The committee recommends a simplified categorization system for investment products to help retail investors identify truly sustainable options. By improving transparency and comparability, the EESC aims to build trust in the EU's green financial markets. This review is a key step in the EU’s broader strategy to align private investments with the goals of the European Green Deal. The findings will inform upcoming legislative revisions intended to strengthen the sustainability disclosure framework.
EU advisory body pushes for clearer 'green' labels to help investors avoid greenwashing.