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By Dr. Marcel BARTNIK, Lawyer, Local Partner - GSK Stockmann
Sustainability in general and sustainable financing in particular has gained more and more traction over the last years. Recently, however, a considerable number of legislative initiatives at a European level have turned it from a market trend into a new set of regulatory obligations that need to be complied with in the very near future. Following the 2016 Paris agreement on climate change(1) and the United Nation’s 2030 Agenda for sustainable development goals, the European Commission devised its own action plan for financing sustainable growth in 2018(2).
Over the past months, these declarations of intent evolved into a number of concrete legal texts concerning the investment...
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