Civil society calls on EFRAG to protect standards for Europe's green transition - EUbusiness.com | EU news, business and politics
EFRAG’s draft guidance threatens to legitimize greenwashing by allowing companies to claim compliance despite setting weak targets aligned with a dangerous 3°C warming scenario rather than the necessary 1.5°C goal. This loophole undermines the Paris Agreement and degrades the integrity of the EU’s sustainable finance framework. Civil society organizations urgently demand stricter guidelines to prevent misleading climate claims and protect the European Green Deal’s objectives.
Source: eubusiness.comPublished on 2024-12-03