In this position paper, Eurosif recommends that the European Commission adopt three proposals to increase transparency from various segments in the financial chain that would foster a longer-term, more sustainable economy within the EU:
Transparency from Companies:
- European institutions should mandate disclosure of ESG data by publicly traded, large corporations. Such reporting would be principles-based and use a limited number of standardised Key Performance Indicators (KPIs), some of them being sector-specific.
Transparency from Institutional Investors:
- European institutions should introduce a mandatory Statement of Investment Principles (“SIP