Finance

Lenders to face increased pressure to report sustainability of investments

Climate Finance Week chair says ‘the rubber will hit the road’ next year as EU sustainability reporting directive looms

As part of the EU’s Corporate Sustainability Reporting Directive, most financial institutions will have to start gathering relevant environmental data next year, before their first reporting period in 2025. Picture: Fergal Phillips

The “rubber will hit the road” in 2024 for financial firms disclosing the sustainability of their investments, according to the chair of Climate Finance Week.