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Europe Daily Bulletin No. 13270

13 October 2023
Contents Publication in full By article 26 / 36
ECONOMY - FINANCE - BUSINESS / Companies
Aurore Lalucq wants to add clarity and transparency to regulation on ‘ESG’ rating agencies
Brussels, 12/10/2023 (Agence Europe)

In a draft report published on Friday 6 October, Aurore Lalucq (S&D, French), Member of the European Parliament, wants to increase the publication requirements for rating agencies on environmental, social and governance (ESG) criteria.

Presented in June by the European Commission (see EUROPE B13200A14), the proposed regulation is intended to establish a framework and provide greater transparency on the various CRA rating indices and define what they correspond to. 

The rapporteur suggested...

Contents

SECTORAL POLICIES
ENERGY: electricity market reform, final discussions between EU Member State before ‘Energy’ Council on 17 October
ENERGY: European ‘gas package’ directive, optimism about progress in negotiations
ENERGY: according to Bruegel, EU has strengthened its gas security for winter 2023–2024
ENERGY: Renewable Hydrogen Summit, Maroš Šefčovič calls for a resilient European energy transition in face of current crises
INDUSTRY: Euro 7, European Parliament Environment Committee opts for softening of initial proposal
COMPETITIVENESS: EU27 to address thorny issue of ‘strategic’ technologies in Net-Zero Industry Act
DIGITAL: after Meta and X, Thierry Breton asks Shou Zi Chew to stop distributing illegal content and disinformation on TikTok
RESEARCH: MEP Paolo Borchia proposes limited adjustments to European Commission’s proposal for PRIMA, extending programme’s active phase
RESEARCH: European Commission awards “Climate-Neutral and Smart Cities” label to ten European cities
REGIONS: EU car-producing regions call for European transition strategy
ENVIRONMENT: MEPs suggest strengthening proposal for directive on ‘right of consumers to have products repaired’
ENVIRONMENT: Commission issues two forecasting tools to help EU countries predict risks of drought and water shortages
ANIMAL HEALTH: MEPs support end to fur farming
HEALTH: European Economic and Social Committee calls for European action plan to combat rare diseases
MIGRATION: Damien Carême reports breaches of European law at Franco-Italian border
MIGRATION: agreement on migration, Tunisia sends new negative signal to Commission
EXTERNAL ACTION
CHINA: Josep Borrell and Kadri Simson on visit to defend Union’s interests
MOLDOVA: Ursula von der Leyen highlights Chisinau’s excellent progress towards Europe
SUDAN: EU adopts autonomous sanctions framework for perpetrators of atrocities
HUMAN RIGHTS: Jina Mahsa Amini and Woman, Life, Freedom movement in Iran, Nicaraguan activists, and pro-abortion campaigners announced as 2023 Sakharov Prize finalists
SECURITY - DEFENCE
NATO: if damage to Balticconnector is result of deliberate attack, Allies will respond, warns Mr Stoltenberg
ECONOMY - FINANCE - BUSINESS
COMPETITION: European Commission requires Illumina to unwind its acquisition of GRAIL and adopts new interim measures
TAXATION: OECD publishes new multilateral convention to implement international reform
TAXATION: Herbert Dorfmann calls for clarification of interaction between withholding tax procedure and proposal on shell companies
FINANCE: Danuta Hübner proposes ways of clarifying ESMA’s role with regard to accounts opened with central counterparties under EMIR
COMPANIES: Aurore Lalucq wants to add clarity and transparency to regulation on ‘ESG’ rating agencies
FUNDAMENTAL RIGHTS - SOCIETAL ISSUES
FUNDAMENTAL RIGHTS: towards a ‘Code of Conduct+’ to better counter hate speech online in EU
FUNDAMENTAL RIGHTS: European Court of Auditors believes EU action in support of people with disabilities has limited impact
COURT OF JUSTICE OF THE EU
INSURANCE: an electric bicycle does not fall within scope of Motor Insurance Directive, according to Court of Justice of European Union
COUNCIL OF EUROPE
RULE OF LAW: Parliamentary Assembly of Council of Europe calls for investigations into use of spyware by five Member States
HUMAN RIGHTS: Didier Reynders reiterates his commitment to rapid EU accession to European Convention on Human Rights
NEWS BRIEFS
BIODIVERSITY: charter launched for companies willing to commit to take action to reverse nature loss in EU by 2030
ENVIRONMENT: EU Ecolabel growing in popularity, says European Commission
MEDIA: twelve journalistic projects in final for Daphne Caruana Galizia Prize 2023
SEA: European Commission launches procedure for EU ratification of Global Treaty on High Seas
SLOVAKIA: S&D Group in European Parliament supports exclusion of Slovak parties SMER and HLAS from Party of European Socialists