Today’s vote in the @europarl.europa.eu drives a stake 🗡️ through the heart of the EU's #sustainability agenda. The adopted #Omnibus compromise destroys key sustainability rules, putting short-term profits over the well-being of people & planet. Our full reaction👉 shareaction.org/news/europea...

European Parliament sides with far right and dilutes key…

(Thursday, 13th November) Today, the European Parliament voted for a watered-down version of the Omnibus I proposal backed by the European People’s Party…

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📢 What’s next for EU sustainability laws? On 9 Sept at 15:00, we’re hosting a webinar on the future of CSDDD & CSRD under #Omnibus. Together with experts from civil society, business & investment, we’ll unpack what’s at stake and the road ahead. Register here: wwf.zoom.us/webinar/regi...

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ShareAction@shareaction.bsky.social · last yr.

The #Omnibus package threatens to strip away key #sustainability laws. In our latest op-ed, @mcarlucci.bsky.social explains why this rollback would hurt businesses, investors, and citizens alike. Europe needs resilience, not #deregulation. www.alliancemagazine.org/blog/is-the-...

Let’s not forget that #insurers are not just passive victims of climate breakdown - they have a role to play in building resilience and reducing #risk, both for #financialstability and their own business.

Green Central Banking@greencb.bsky.social · last yr.

🇪🇺 Climate disasters are hitting insurers — and the risks may now spread to the wider economy. That’s the warning from the @ecb.europa.eu’s latest financial stability report. €30bn in economic losses last year — but only €13bn was insured. 🌊🔥🌪️ GreenCB.co/43ShK6e

EU policymakers must reconsider the proposals in the #Omnibus I package before they undo years of progress.

ShareAction@shareaction.bsky.social · last yr.

🚨 New research shows up to 4 in 5 European insurers could be excluded from sustainability reporting under changes to #CSRD This would gut transparency & accountability in a sector key to managing climate risks, with serious consequences for financial stability and society ⬇️ bit.ly/4dhFeGh

The “Less is More” report on financial regulation was presented today at @europarl.europa.eu ❌No civil society on the panel ✅Good to see some EU policymakers question some recommendations: #simplification can actually lead to more complexity and risk, not more stability or #competitiveness.

‼️We have looked into the "dark side" of the #SIU as it is currently designed. We shed light on some of the initiative's negative implications for people 🧑‍🤝‍🧑 and the planet 🌍, which are often sidelined in favor of an overly positive narrative. Check out our (short) response!

ShareAction@shareaction.bsky.social · last yr.

Despite being presented as a solution to boost #EU competitiveness & support the 🟢 transition, the Savings and Investments Union may worsen #climatechange, threaten financial #stability, & deepen #inequalities Read our response to the @ec.europa.eu consultation⏬ shareaction.org/policies/sha...

We are serious about protecting long-term financial stability by making the #insurance sector more resilient to sustainability-related risks🌿 Read our answer to the EIOPA consultation on sustainability risk plans here⬇ shareaction.org/policies/sha...

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📢NGOs & trade unions stand united: #NoToOmnibus. This isn’t about cutting red tape, it’s reckless deregulation that weakens sustainability laws, putting corporate interests ahead of people & the planet. The EU must protect hard-won social & environmental progress. @vonderleyen.ec.europa.eu

The #Competitiveness #Compass is currently being debated during the plenary session of the #EuropeanParliament. Follow this thread for some highlights from the discussion.

📨We at @shareaction.bsky.social sent a letter to Commissioner Albuquerque, signed by 22 organisations & experts, urging action on fossil fuel investment risks. 📢 We call on @ec.europa.eu to review #SolvencyII in 2025 to protect Europe’s financial stability & safeguard the planet & its people.

oint letter to Commissioner Albuquerque over the European…

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