The Council of the EU has recommended updates to the Sustainable Finance Disclosure Regulation (SFDR) to combat greenwashing and make it easier for investors to compare products. It promised that the revisions would reduce administration for companies “drastically” and encourage investments that meet the EU’s sustainability and competitiveness aims.

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Ruth Prickett graduated from Cambridge University with a BA hons in History and has specialized in business and finance journalism for the past 20 years. She was editor of Financial Management, the magazine...