19 Amendments of Thierry CORNILLET related to 2018/0178(COD)
Amendment 168 #
Proposal for a regulation
Recital 13
Recital 13
(13) A Union classification of environmentally sustainable economic activities should enable the development of future Union policies and strategies, including Union- wide standards for environmentally sustainable financial products and eventually the establishment of labels that formally recognise compliance with those standards across the Union. Uniform legal requirements for considering investments as environmentally sustainable investments, based on uniform criteria for environmentally sustainable economic activities, are necessary as a reference for future Union legislation aiming at enabling those investments.
Amendment 213 #
Proposal for a regulation
Recital 26 a (new)
Recital 26 a (new)
(26 a) In defining the technical screening criteria, the Commission should also take into account transitional measures towards activities that support the transition to a more sustainable, low- carbon economy.
Amendment 259 #
Proposal for a regulation
Article 1 – paragraph 2 – point a
Article 1 – paragraph 2 – point a
(a) measures adopted by Member States or by the Union setting out any requirements on market actorfinancial market participants in respect of financial products or corporate bonds that are marketed as environmentally sustainable.
Amendment 277 #
Proposal for a regulation
Article 1 – paragraph 2 – point b a (new)
Article 1 – paragraph 2 – point b a (new)
(b a) The criteria mentioned in Article 1 (1) may be used for the purpose mentioned in that paragraph by financial services providers that are not addressed by Article 1 (2) on a voluntary basis, and with respect to other financial products than those established in Article 2, paragraph 1 point (c).
Amendment 282 #
Proposal for a regulation
Article 1 – paragraph 2 – point b b (new)
Article 1 – paragraph 2 – point b b (new)
(b b) financial market participants that use the taxonomy to define whether a financial product or service and/or investments is unsustainable. The use of the taxonomy to define whether a financial product or service and/ or investments is unsustainable shall be optional. Disclosure requirements, as defined under Article 4, paragraph 2, of this Regulation shall also be optional.
Amendment 301 #
Proposal for a regulation
Article 2 – paragraph 1 – point d
Article 2 – paragraph 1 – point d
(d) 'climate change mitigation' means the process of holding the increase in the global average temperature to well below 2 °C above pre-industrial levels and limiting the temperature increase to 1.5 °C above pre-industrial levels, including to make the transition to achieve these targets;
Amendment 323 #
Proposal for a regulation
Article 3 – paragraph 1 – point a
Article 3 – paragraph 1 – point a
(a) the economic activity contributes or will contribute substantially to one or more of the environmental objectives set out in Article 5 in accordance with Articles 6 to 11;
Amendment 361 #
Proposal for a regulation
Article 4 – paragraph 2 b (new)
Article 4 – paragraph 2 b (new)
2 b. No disclosure requirements that are required under the [Commission proposal for a Regulation on disclosures relating to sustainable investments and sustainability risks and amending Directive (EU) 2016/2341] shall be required in this Regulation;
Amendment 368 #
Proposal for a regulation
Article 4 – paragraph 2 a (new)
Article 4 – paragraph 2 a (new)
2 a. The Commission shall immediately notify the Platform on Sustainable Finance of the request addressed by financial market participants.
Amendment 411 #
Proposal for a regulation
Article 6 – paragraph 1 – point a
Article 6 – paragraph 1 – point a
(a) generating, storing, distributing or using renewable energy or climate-neutral energy (including carbon-neutral energy), including through using innovative technology with a potential for significant future savings or through necessary reinforcement of the grid;
Amendment 503 #
Proposal for a regulation
Article 12 – paragraph 1 – introductory part
Article 12 – paragraph 1 – introductory part
For the purposes of Article 3(b), taking into account its full life-cycle, in as far as relevant information is available, an economic activity shall be considered as significantly harming:
Amendment 548 #
Proposal for a regulation
Article 14 – paragraph 1 – point h a (new)
Article 14 – paragraph 1 – point h a (new)
(h a) take into account if an activity is in transition to a more sustainable and/ or low-carbon configuration and/ or operation, through research and innovation projects, specific timelines and pathways of this transition;
Amendment 552 #
Proposal for a regulation
Article 14 – paragraph 1 – point j a (new)
Article 14 – paragraph 1 – point j a (new)
(j a) be sector specific, where possible.
Amendment 573 #
Proposal for a regulation
Article 15 – paragraph 1 – point b
Article 15 – paragraph 1 – point b
(b) experts representing relevant private stakeholders;and, in balanced proportions:
Amendment 574 #
Proposal for a regulation
Article 15 – paragraph 1 – point b – point i (new)
Article 15 – paragraph 1 – point b – point i (new)
i) experts representing relevant private stakeholders including non- financial companies; and
Amendment 575 #
Proposal for a regulation
Article 15 – paragraph 1 – point b – point ii (new)
Article 15 – paragraph 1 – point b – point ii (new)
ii) experts appointed in a personal capacity, with proven knowledge and experience in the areas covered by this Regulation.
Amendment 576 #
Proposal for a regulation
Article 15 – paragraph 1 – point b – point iii (new)
Article 15 – paragraph 1 – point b – point iii (new)
iii) prior to appointment by the Commission of candidates that do not represent one of the Union's agencies or institutions in the platform, final consent by European Parliament, on the list as a whole, shall be required.
Amendment 600 #
Proposal for a regulation
Article 15 – paragraph 2 – subparagraph 1 (new)
Article 15 – paragraph 2 – subparagraph 1 (new)
Within 6 months following the request mentioned in Article 4(2), the Platform shall make public the conclusion of its analysis regarding requests from stakeholders to develop or revise technical screening criteria for a given economic activity. To fulfil its role in assisting and advising the Commission, the Platform shall carry out public consultations to gather views from all concerned stakeholders.
Amendment 661 #
Proposal for a regulation
Article 18 – paragraph 2 a (new)
Article 18 – paragraph 2 a (new)
2 a. This Regulation shall respect the principle of non-retroactivity and shall not apply to contracts concluded before date of entry into force of this Regulation, as established under paragraph 1 of this Article.