Mar 2, 2021 The European Commission is also working on an EU ecolabel for financial products and it is expected to decide on the extension of the existing 

the financial products are sufficiently green to be awarded with the label. The Taxonomy agreement is a game-changer for the EU Ecolabel, as it provides for disclosure of key indicators (revenues, capital and operational expenditures) from large listed corporates and for financial products.

Q #2 An EU “ecolabel” for financial products is in the works. Efforts to close the urban green investment gap need to be urgently scaled up to provide access to technical support and financing for low-carbon infrastructure for thousands of cities, the European Union’s High Level Conference on Sustainable Finance has heard. Banking and financial services. Established in 1992, the EU Ecolabel is a symbol of environmental excellence awarded to products and services that meet environmental standards throughout their life cycle and provides guidance to companies on environmental best practices. Action 2.3 of the action plan on sustainable finance tasked the Commission The JRC is the Commission’s in-house science service and earlier this year produced a report on proposals for EU Ecolabel criteria for financial products. 2°II said the organisations were offered the opportunity to provide formal feedback but “either did not respond, declined, or only provided informal verbal comments”. The EU Ecolabel covers a wide range of product groups, from major areas of manufacturing to tourist accommodation.

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In its response Finance Watch highlighted that the EU Ecolabel shall ensure that only products which fully finance environmentally sustainable activities should receive the EU Ecolabel. The EU Ecolabel for Retail Financial Products is being developed by Unit B5 - Circular Economy and Industrial Leadership, as well as Unit B1 - Finance & Economy of the Joint Research Centre (JRC) Directorate B - Growth and Innovation for the Directorate General for the Environment in collaboration with the Directorate General for Financial Stability, Financial Services and Capital Markets Union (DG FISMA) of the European Commission. The EU Ecolabel builds on the Taxonomy framework to assess the underlying assets of financial products linked to environmentally sustainable economic activities and to establish whether the financial products are sufficiently green to be awarded with the label. Investment funds addressed to retail clients and pension products should be included in the EU Ecolabel first. The EU green bonds as well as some other retail financial products such as life insurance could be targeted thereafter or subsequently. All strategies have their merits and use, depending on the objectives of the investment product. labels for retail financial products throughout Europe, and significant differences in their specifications.

Dispenser för ansiktsservett 27x14cm  Net sales for the financial year 2020 is estimated to surpass MSEK 50, In addition, Ocean products are certified with the eco-labels EU  For more information visit the EU eco-label website by developing and providing access to innovative financial instruments and funding for eco-innovation.

Jan 23, 2020 The label is a tool that aims to increase sustainable finance flows. The draft for the voluntary EU Ecolabel says that it intends to “promote products 

med EU-blomman (http://www.svanen.se/EU-Ecolabel/), som borgar för att In the financial year ending March 2013, Ricoh Group had worldwide  Nordic Council to host EU webinars on energy, digitalisation and antibiotic resistance Investment in research on sexual harassment in the labour market. Part 1 - EU Ecolabel Marketing for Products fotografia.

Bilag 1 The Austrian Ecolabel - Sustainable financial products . Rapporten”European Responsible Investment Fund Survey” (KPMG 2013), 

2020-03-30 · These efforts include major regulatory changes to help the EU reach its goal of net-zero carbon emissions by 2050 and maintain a stable and sustainable financial system. To help you stay on top of all of the moving pieces, the Association for Financial Markets in Europe has assembled a timeline for the rollout of EU regulation related to sustainable finance. Insurance Europe welcomes the Commission’s work to develop an EU Ecolabel for financial products, and in particular the decision to extend the scope of the current criteria to include all investment-based insurance products (IBIPs). The insurance sector can be an even more important partner in EC consultation on the EU Ecolabel for retail financial products 11 December 2020 . AMIC welcomes the opportunity to comment on the third draft version of the EU .

The EU Ecolabel criteria to correspond approximatively to the top best (10 – 20 %) environmentally performing products according to the EU Ecolabel Regulation 66/2010. 2020-12-09 · The EU Ecolabel for financial products mainly relies on two ideas: 1. Certified financial products should significantly contribute to the ecological transition by supporting activities 2. Certified financial products should not be used to finance the most polluting activities clearly incompatible The EU Ecolabel criteria will reflect the requirements of the EU Ecolabel Regulation with the aim to award the label to financial products with the best environmental performance. In its response Finance Watch highlighted that the EU Ecolabel shall ensure that only products which fully finance environmentally sustainable activities should receive the EU Ecolabel. The EU Ecolabel for Retail Financial Products is being developed by Unit B5 - Circular Economy and Industrial Leadership, as well as Unit B1 - Finance & Economy of the Joint Research Centre (JRC) Directorate B - Growth and Innovation for the Directorate General for the Environment in collaboration with the Directorate General for Financial Stability, Financial Services and Capital Markets Union (DG FISMA) of the European Commission. The EU Ecolabel builds on the Taxonomy framework to assess the underlying assets of financial products linked to environmentally sustainable economic activities and to establish whether the financial products are sufficiently green to be awarded with the label.
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The EU Ecolabel builds on the Taxonomy framework to assess the underlying assets of financial products linked to environmentally sustainable economic activities and to establish whether the financial products are sufficiently green to be awarded with the label. Investment funds addressed to retail clients and pension products should be included in the EU Ecolabel first. The EU green bonds as well as some other retail financial products such as life insurance could be targeted thereafter or subsequently. All strategies have their merits and use, depending on the objectives of the investment product.

PDF. 495Kb. EN. Ecolabel European Green Deal Sustainable finance.
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Responses to the consultation on the EU Ecolabel first technical report, published in March 2019. I would like access to submitted responses from all stakeholders who participated in this consultation. Please produce the documents on a rolling basis. I would prefer that the JRC’s search and deliberations concerning particular documents not delay the production of documents the JRC has

Rapporten”European Responsible Investment Fund Survey” (KPMG 2013),  Commission Decision of XXX establishing the ecological criteria for the award of the EU Ecolabel for converted paper products= Decision not to oppose  The EU Ecolabel identifies products and services that contribute to reduce pollutant emissions and the use of natural and financial resources.

EU Ecolabel Certificate Ecolabelling Sweden has awarded the EU Ecolabel licence to: Graphic paper products with the trade names specified in Product Specification Annex for the EU Ecolabel standard contract no SE/011/001 issued 31 December 2019 and held by Stora Enso Paper AB, Nymölla Mill

to change our economy and offer European #RetailInvestors meaningful products. European retail investors deserve an ambitious EU ecolabel. Develop EU standards (such as EU Green.

The EU Ecolabel criteria for financial products are expected to contribute to the attainment of the Action Plan by encouraging investments in sustainable economic activities. The EU Ecolabel builds on the Taxonomy framework to assess the underlying assets of financial products linked to environmentally sustainable economic activities and to establish whether the financial products are sufficiently green to be awarded with the label. An EU “ecolabel” for financial products is in the works. Efforts to close the urban green investment gap need to be urgently scaled up to provide access to technical support and financing for low-carbon infrastructure for thousands of cities, the European Union’s High Level Conference on Sustainable Finance has heard. The European Commission wants to create a trusted and verified label for retail investors, who would benefit from better comparability of financial products. The EU Ecolabel aims to address several issues for asset managers, including reputational risk from potential allegations of greenwashing.