2 Amendments of Emer COSTELLO related to 2013/2175(INI)
Amendment 10 #
Draft opinion
Paragraph 1
Paragraph 1
1. Emphasises that the long-term financing of the European economy should serve the public interest and be guided, among other things, by objectives that promote social cohesion, social investment, social justice and equal treatment, rather than focus solely on economic and financial parameters; highlights, in this connection, the fact that the potential added value of long-term financing for the public interest cannot merely be measured in economic terms;
Amendment 22 #
Draft opinion
Paragraph 5
Paragraph 5
5. Asks the Commission and the Member States to encourage pension funds to take socially responsible investment decisions that conform to EU and international human rights, social and environmental standards, including the relevant OECD and UN guidelines and principles; recalls that the Commission’s plans to review the Directive on the activities and supervision of institutions for occupational retirement provision (IORP Directive) must not discourage sustainable long-term financing;.