Insurance EuropeInsurance Europe
Position Paper
Comments on the EC proposal for a regulation on disclosures for sustainable investments and sustainability risks

Insurance Europe's response to a consultation on the European Commission’s proposal for a regulation on disclosures for sustainable investments and sustainability risks.

As Europe’s largest institutional investors, insurers invest their assets with a long-term perspective and sustainability is a key factor in their investment decisions.

Insurance Europe stresses that developing a EU taxonomy for sustainability must first be prioritised and accelerated. Any sustainability-related regulatory requirements linked to the taxonomy should remain voluntary until the taxonomy is sufficiently mature, so that market players are not exposed to uncertainty and legal risks.

Published 27 August 2018
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Cristina Mihai
Cristina Mihai
Head of prudential regulation & international affairs
Andrea Pintus
Andrea Pintus
Policy advisor, investments