The Commission’s decision to entrust US asset manager BlackRock with the task of advising the EU on how it could better integrate environmental and social factors (ESG) into its supervision of banks has caused surprise, incomprehension and anger among several MEPs (see EUROPE B12466A28).
On Wednesday 15 April, French MEPs Aurore Lalucq (S&D) and Manon Aubry (GUE/NGL) were the first to call on the Commission to explain itself. In a so-called “priority” written question - requiring a...