ESG factors’ paramount importance depicted in EU legislation Regulation (EU) 2019/2088 on sustainability-related disclosures in the financial services sector (Disclosure Regulation, ESG Regulation or SFDR), as well as Regulation (EU) 2020/852 on the facilitation of sustainable investment (Taxonomy Regulation), form part of Commission’s Sustainable Finance Action Plan, linking Environmental, Social and Governance (ESG) factors to...Read More

PEPP. Could it channel an additional road towards viable pensions? Τhe Directive on Institutions for Occupational Retirement Provision (IORPs ΙΙ) regulates a private, voluntary and collective pension scheme, which supplements the state pensions. In September 2015, the Commission presented the fundamental guidelines for a new private and individual pension product, which is the standard Pan-European...Read More

New Licensing Code regulating RES production certificates takes effect (Article by Mira Todorovic Symeonides – Partner, published in the Energy & Natural Resources Newsletter of the ILO on February 15, 2021) Introduction On 1 December 2020 the new Licensing Code, which regulates renewable energy source (RES) production certificates, was published in the Official Journal (B’...Read More