Established in 1992, the EU Ecolabel is a symbol of environmental excellence awarded to products and services that meet environmental standards throughout their life cycle and provides guidance to companies on environmental best practices.. Action 2.3 of the action plan on sustainable finance tasked the Commission with exploring the application of the EU Ecolabel framework to certain retail

Today 70692 products and services carry the EU Ecolabel and growing! #EUGreenWeek DAY 3

Key experts, in consultation with main stakeholders, develop the criteria for each product group in order to decrease the main environmental impacts over the entire life cycle of the product. Because the life cycle of every product and service is The European Commission (EC) has proposed reducing the minimum threshold for green equity investments and introduced a transition element for the planned EU Ecolabel for retail sustainable financial products after the first round of market feedback described the criteria as being ‘too ambitious and not achievable’.According to the EC’s second Technical Report on the issue, published just the financial products are sufficiently green to be awarded with the label. The Taxonomy agreement is a game-changer for the EU Ecolabel, as it provides for disclosure of key indicators (revenues, capital and operational expenditures) from large listed corporates and for financial products. The Commission is currently developing the EU Ecolabel for Retail Financial Products within the framework of the Sustainable Finance Action Plan.

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Published 02.11.2020. State of play: pre-legislative phase. 20 March 2019, the Joint Research Centre published the preliminary report on EU Ecolabel criteria for financial products. 20 March 2019, the JRC published the technical report with scope and criteria proposals on EU Ecolabel for retail financial products. 2020-03-30 JRC and the European Commission to consider a fourth report before adopting the EU Ecolabel for financial products.

2020-12-09 · The EU Ecolabel for financial products mainly relies on two ideas: 1. Certified financial products should significantly contribute to the ecological transition by supporting activities 2. Certified financial products should not be used to finance the most polluting activities clearly incompatible

The EU Ecolabel criteria for financial products are expected to contribute to the attainment of the Action Plan by encouraging investments in sustainable economic activities. The objectives of this questionnaire are to: Obtain your views on what should be considered within the scope of the new EU Ecolabel criteria for financial products; The European Commission wants to create a trusted and verified label for retail investors, who would benefit from better comparability of financial products. The EU Ecolabel aims to address several issues for asset managers, including reputational risk from potential allegations of greenwashing.

Talrika exempel på översättningar klassificerade efter aktivitetsfältet av “eu ecolabel” – Engelska-Svenska ordbok och den EU Ecolabel for Financial Products.

The EU Ecolabel is Europe's counterpart to the Nordic Swan Ecolabel and one of the world's top ecolabels. It is a Type 1 Ecolabel, just like the Nordic Swan Ecolabel, which means it is independent, works according to the life cycle perspective and with a holistic view when criteria are developed.

“The … The development of EU Ecolabel criteria for financial products is based on the European Commission’s recently adopted Sustainable Finance Action Plan. The EU Ecolabel criteria for financial products are expected to contribute to the attainment of the Action Plan by encouraging investments in sustainable economic activities. The EU Ecolabel builds on the Taxonomy framework to assess the underlying assets of financial products linked to environmentally sustainable economic activities and to establish whether the financial products are sufficiently green to be awarded with the label.
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Today 70692 products and services carry the EU Ecolabel and growing! #EUGreenWeek DAY 3 av M Forssman · 2019 — 112 The European Commission's science and knowledge service: Joint Research Centre, 2019, EU Ecolabel. Criteria for Financial Products: Technical report  information on the EU Eco-label and its related product groups, including the such as the creation of flexible financial instruments which combine subsidies  information on the EU Eco-label and its related product groups, including the its website a list of individual end-beneficiaries of the EU financial contribution. Bilag 1 The Austrian Ecolabel - Sustainable financial products .

Efforts to close the urban green investment gap need to be urgently scaled up to provide access to technical support and financing for low-carbon infrastructure for thousands of cities, the European Union’s High Level Conference on Sustainable Finance has heard. Established in 1992, the EU Ecolabel is a symbol of environmental excellence awarded to products and services that meet environmental standards throughout their life cycle and provides guidance to companies on environmental best practices..
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The European Commission wants to create a trusted and verified label for retail investors, who would benefit from better comparability of financial products. The EU Ecolabel aims to address several issues for asset managers, including reputational risk from potential allegations of greenwashing. Insurance Europe welcomes the Commission’s work to develop an EU Ecolabel for financial products, and in particular the decision to extend the scope of the current criteria to include all investment-based insurance products (IBIPs).

(Good Environmental Choice), the Nordic Swan or the EU Ecolabel. > Hygiene products for personal use, and construction products. The criteria follow the EU 

Around 70,000 products and services, from baby clothes to electrical appliances, carry the EU environmental label, known as the EU Ecolabel. This reliable environmental label is used to identify environmentally-friendly products and services. About EU Ecolabel; About EU Ecolabel. The EU Ecolabel is Europe's counterpart to the Nordic Swan Ecolabel and one of the world's top ecolabels. It is a Type 1 Ecolabel, just like the Nordic Swan Ecolabel, which means it is independent, works according to the life cycle perspective and with a holistic view when criteria are developed.

In our previous . response, we had stated our support for a well calibratedEU Ecolabel for The European Association of Co-operative Banks considers the work on EU ECOLABEL for Financial Products as an important step and welcomes the possibility to comment on the Preliminary Report of the JRC (Joint Research Center of the European Commission). Given the fact that Co-operative Banks are typically retail banks, who interface mostly with households and SMEs clients, we answered to the The objective of this study is to carry out a test run in relation to the draft EU Ecolabel criteria for financial products and in particular to test the application of draft criterion I for equity funds to a sample of 101 “green” UCITS equity funds domiciled in the EU27. Focused on the EU environmental objective “climate change mitigation”, we analyse the share of EU Taxonomy aligned The European Federation of Investors and Financial Services Users EFAMAs reply to EU Ecolabel for Financial Products: 1st Stakeholder Questionnaire on the product scope and criteria definition 2. Familiarity and experience with existing labelling schemes and initiatives This section is intended to gain some insights into the respondents' familiarity with sustainability labelling initiatives for financial Overview of all product groups and criteria The following table provides an overview of all groups of products and services that can be labelled with the EU Ecolabel. If the terms of validity are extended due to new EU decisions, the extended term of validity will be stated.