The European Sustainable and Responsible Investment Forum calls for Sustainability as 6th Principle to Capital Markets Union // 12.05.2015
The European Sustainable Investment Forum (Eurosif) urges EU policy-makers to deliver a Capital Markets Union meeting investors’ growing concerns for sustainability issues and contributing to growth that serves EU citizens and the real economy.
As momentum is growing around the Capital Markets Union (CMU) initiative and the deadline for the consultation about the recent Green Paper is only a few days away, Eurosif, the premier pan-European sustainable and responsible investment membership organization, is publishing today a policy Manifesto to make the promotion of long-term oriented investment practices, aligned with sustainable growth and economic development objectives, the 6th principle on which the Capital Markets Union should be based, in addition to the five already put forward by the Green Paper.
The Eurosif paper makes 23 specific policy recommendations to incorporate growing investors’ concerns for sustainability and excessive financial markets short-termism in the making of the Capital Markets Union. These recommendations are clustered around 5 high-level policy themes.