Towards more sustainable and transparent investments
Summary
Carbon Market Watch calls for the European Commission to revise non-financial reporting directives for companies with over 500 employees. The organization advocates for mandatory disclosures on climate risks, decarbonization pathways, state aid, 'Just transition' efforts, and lobbying expenditures. Additionally, it seeks greater transparency on the use of the EU emission trading scheme (EU ETS), including internal CO2 pricing and the use of carbon offsetting, to ensure investments align with the European Green Deal.
Key insights
- The author advocates for the transition from non-binding to legally binding climate change reporting for companies with more than 500 employees to ensure disclosure of climate risks, such as stranded assets and the impact of fossil fuels on bank balance sheets.
- Proposed mandatory disclosures should include company-level decarbonization pathways, state aid received for energy efficiency or renewables, 'Just transition' efforts for employees, and spending on climate-related lobbying in Brussels.
- There is a specific demand for increased transparency regarding the EU emission trading scheme (EU ETS), specifically concerning internal CO2 pricing, the volume of free versus purchased permits at the company level, and the use of carbon offsetting projects.
Cite the original document
- APA
- Stoefs, W. (2020). Towards more sustainable and transparent investments. Carbon Market Watch. https://carbonmarketwatch.org/2020/06/25/towards-more-sustainable-and-transparent-investments/
- Chicago
- Stoefs, Wijnand. Towards more sustainable and transparent investments. Carbon Market Watch, 2020. https://carbonmarketwatch.org/2020/06/25/towards-more-sustainable-and-transparent-investments/.
- Wikipedia
- {{cite press release |last1=Stoefs |first1=Wijnand |title=Towards more sustainable and transparent investments |publisher=Carbon Market Watch |date=25 June 2020 |url=https://carbonmarketwatch.org/2020/06/25/towards-more-sustainable-and-transparent-investments/ |access-date=23 October 2026 |via=Climate Insights Directory}}
- BibTeX
- @misc{stoefs2020towards, author = {Stoefs, Wijnand}, title = {{Towards more sustainable and transparent investments}}, publisher = {Carbon Market Watch}, year = {2020}, month = jun, url = {https://carbonmarketwatch.org/2020/06/25/towards-more-sustainable-and-transparent-investments/}, urldate = {2026-10-23}, note = {Indexed by Climate Insights Directory} }
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