According to the newly pubished strategy, the European Securities and Markets Authority will “place sustainability at the core of its activities by embedding Environmental, Social, and Governance (ESG) factors in its work”.

“The key priorities for ESMA include transparency obligations, risk analysis on green bonds, ESG investing, convergence of national supervisory practices on ESG factors, taxonomy, and supervision,” the EU body writes in its press release, from which the strategy documents as such can also be retrieved.

According to ESMA, a consultative working group of stakeholders is to be set up shortly, following the establishment of a coordination network last year.

Advertisement