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The European Commission is revamping its ESG (Environmental, Social, and Governance) rules for the investment industry. This overhaul is aimed at boosting competitiveness within the European Union. The rewritten rulebook signifies a major shift in the Commission’s approach to sustainable finance, likely streamlining or simplifying requirements to make the EU a more attractive investment destination. The move reflects a broader effort to balance sustainability goals with economic growth and competitiveness.
