Commission consults the public on long-term and sustainable investment
The European Commission has launched today a public consultation on long-term and sustainable investment to assess the state of play in the European Union.
Investors' approach to investment has a major influence on how companies perform and how they respond to sustainability challenges. Long-term and sustainable investment is a key catalyst for competitiveness and growth and can contribute to making our pension system more sustainable. It can also help achieve the EU's policy objectives linked to the transition to low carbon and climate resilient economy and to the respect of fundamental rights. The Communication on Long-Term Financing of the European Economy emphasized the importance of environmental, social, governance issues for the longer-term sustainable performance of companies and investors. The Action Plan on building a Capital Markets Union also reiterates the importance of ESG investments. Against this background, today's consultation aims to find out to what extent major investors integrate long-term factors, such as environmental, social and governance issues, into their investment decisions, and what are the obstacles which prevent them from doing this.
The consultation will be open until 25 March 2016 and is available here.