BETA

6 Amendments of Aurore LALUCQ related to 2022/0411(COD)

Amendment 120 #
Proposal for a regulation
Recital 23
(23) Due to the growing importance of sustainability considerations in investment decisions, investors are increasingly considering information on environmental, social and governance (ESG) matters when taking informed investment decisions. It is therefore necessary to prevent greenwashing, by establishing ESG-related information to be provided, where relevant, in the prospectus for equity or non-equity securities offered to the public or admitted to trading on a regulated market. That requirement should, however, not overlap with the requirement laid down in other Union law to provide that information. Companies that offer equity securities to the public or seek the admission to trading of equity securities on a regulated market should therefore incorporate by reference in the prospectus, for the periods covered by the historical financial information, the management and consolidated management reports, which include the sustainability reporting, as required by Directive 2013/34/EU of the European Parliament and of the Council54 . Moreover, the Commission should be empowered to set out a schedule specifying the ESG-related information to be included in prospectuses for non-equity securities that are advertised as taking into account ESG factors or pursuing ESG objectives. For bonds advertised as taking into account ESG factors or pursuing ESG objectives, the Commission should ensure consistency between the format of the sustainability disclosures under Directive 2013/34/EU and those under the opt-in templates drafted pursuant to Article 13g of Regulation (EU) .../... of the European Parliament and the Council54a [the European Green Bonds Regulation]. __________________ 54 Directive 2013/34/EU of the European Parliament and of the Council of 26 June 2013 on the annual financial statements, consolidated financial statements and related reports of certain types of undertakings, amending Directive 2006/43/EC of the European Parliament and of the Council and repealing Council Directives 78/660/EEC and 83/349/EEC (OJ L 182, 29.6.2013, p. 19). 54a Regulation (EU) .../... of the European Parliament and the Council on European green bonds (2021/0191(COD))
2023/07/13
Committee: ECON
Amendment 168 #
Proposal for a regulation
Article 1 – paragraph 1 – point 2 – point b a (new)
Regulation (EU) 2017/1129
Article 2 – paragraph 1 – point z b (new)
(b a) the following point is added: ' (z b) 'exposure to fossil fuels' means deriving any revenues from exploration, mining, extraction, production, processing, storage, refining or distribution, including transportation, storage and trade, of fossil fuels as defined in Article 2, point (62), of Regulation (EU) 2018/1999 of the European Parliament and of the Council1a; __________________ 1a Regulation (EU) 2018/1999 of the European Parliament and of the Council of 11 December 2018 on the Governance of the Energy Union and Climate Action, amending Regulations (EC) No 663/2009 and (EC) No 715/2009 of the European Parliament and of the Council, Directives 94/22/EC, 98/70/EC, 2009/31/EC, 2009/73/EC, 2010/31/EU, 2012/27/EU and 2013/30/EU of the European Parliament and of the Council, Council Directives 2009/119/EC and (EU) 2015/652 and repealing Regulation (EU) No 525/2013 of the European Parliament and of the Council (OJ L 328, 21.12.2018, p. 1).
2023/07/13
Committee: ECON
Amendment 184 #
Proposal for a regulation
Article 1 – paragraph 1 – point 7 – point c – point ii a (new)
(ii a) in the second subparagraph, the following points are added: ' (fa) where the issuer has not published a plan to ensure that its business model and strategy are compatible with the transition to a sustainable economy pursuant to Article 19a of Directive 2013/34/EU, that company issuing the product is not compatible with the limiting of global warming to 1.5C in line with the Paris Agreement; (fb) where the issuer has exposures to fossil fuels that, the product is exposed to coal, oil or gas-related activities that are at a heightened risk of becoming stranded assets; '
2023/07/13
Committee: ECON
Amendment 190 #
Proposal for a regulation
Article 1 – paragraph 1 – point 7 – point e – point i a (new)
Regulation (EU) 2017/1129
Article 7 – paragraph 7 – point a – points vi a and vi b (new)
(i a) in point a, the following points are added: ‘(vi a) the proportion of EU taxonomy- aligned activities financed by the financial instruments to the EU Taxonomy; (vi b) the proportion of the investment that is used to finance exposures to fossil fuels;’
2023/07/13
Committee: ECON
Amendment 196 #
Proposal for a regulation
Article 1 – paragraph 1 – point 7 – point h
Regulation (EU) 2017/1129
Article 7 – paragraph 12b – subparagraph 3 – point c – point iv a (new)
(iv a) key information on any issuer requirements to provide sustainability reporting and any information related to the securities being advertised as taking into account ESG factors or pursuing ESG objectives in accordance with Article 13 of this Regulation;
2023/07/13
Committee: ECON
Amendment 205 #
Proposal for a regulation
Article 1 – paragraph 1 – point 10 – point a – point ii a (new)
Regulation (EU) 2017/1129
Article 13 – paragraph 1 – subparagraph 4 a (new)
(ii a) the following subparagraph is added: ' For the purposes of point (g) of the second subparagraph, the Commission shall coordinate any ESG disclosure requirements with the provisions included in Regulation (EU) .../... of the European Parliament and of the Council on European Green Bonds (2021/0191 (COD)). '
2023/07/13
Committee: ECON