The European Association of Corporate Treasurers (EACT) has published its response to the European Commission’s (EC) consultation on a Renewed Sustainable Finance Strategy. We support the EC’s ambitions to create the regulatory basis for a reorientation of capital flows towards sustainable and transitional economic activities and emphasise the importance of creating a predictable and stable regulatory framework for corporate end-users of financial markets.
It is important that EU policymakers provide an incentive structure and realistic pace of transition to ensure that all segments of the economy are enabled to be a part of the transition. Therefore, we call for the creation of harmonised and transparent rules to govern the transition – across disclosure requirements and incorporation of ESG criteria in various processes such as ratings, and accounting standards.
To enable corporates to better navigate financial markets, it is equally important to create an EU harmonised minimum standard with regard to the methodologies and input data for ESG research, sustainability data, sustainability ratings, and – where applicable – credit ratings. We also support the introduction of transparency requirements for such providers with regard to the methodologies and input data used to ensure genuine comparability across different providers and jurisdictions.
We further support the creation of a voluntary EU Green Bond Standard, accompanied by a single EU rulebook for verifiers of EU Green Bonds that sets out the type of information that should form part of their assessment as well as the procedural elements of the verification process.
The EACT is pleased to invite its members for nominations for the 4th EACT Award.View More
This year marks the 15th anniversary of the Association of Polish Corporate Treasurers. The 20th August, 2007 is the foundation day of the AssociationView More
EACT Award 2022: And the Winner is... For the 3rd year in a row, the EACT recognises a project realised within the European Treasury Community.View More
We wish you and your loved ones a happy holiday season and a new year filled with joy, prosperity and happiness.View More
The European Association of Corporate Treasurers (EACT) announces the appointment of François Masquelier as its new Chair as from October 1st.View More