5 Amendments of Sirpa PIETIKÄINEN related to 2023/0177(COD)
Amendment 103 #
Proposal for a regulation
Recital 3
Recital 3
(3) Achieving SDG objectives in the Union requires the channelling of capital flows towards sustainable investments and de-incentivising unsustainable investments and through this, transferring investments from significant harm and unsustainable to sustainable. It is important to exploit fully the potential of the internal market for the achievement of those goals. In that context, it is crucial to remove obstacles to the efficient movement of capital towards sustainable investments in the internal market and to prevent such obstacles from emerging.
Amendment 143 #
Proposal for a regulation
Recital 22 a (new)
Recital 22 a (new)
(22 a) The Commission should review the Credit Rating Agencies Regulation to include the obligation to rate sustainability aspects in both, public and private sectors.
Amendment 144 #
Proposal for a regulation
Recital 22 b (new)
Recital 22 b (new)
(22 b) The ratings need to be based on harmonised life cycle assessment methodologies and science. These methodologies should be disclosed transparently. The negative impacts of the ESG risks should be clearly rated, in case of prevailing risk or significant harm, according to the do no significant harm principle.
Amendment 145 #
Proposal for a regulation
Recital 22 c (new)
Recital 22 c (new)
(22 c) ESG ratings should work in a social and climate-just way within the planetary boundaries.
Amendment 238 #
Proposal for a regulation
Article 6 – paragraph 5 a (new)
Article 6 – paragraph 5 a (new)
5 a. If no decision is adopted by ESMA within the period referred to in paragraph 3 or4, as applicable, the applicant shall not be considered authorised to provide ESG ratings in the Union. Authorities´ adequate expertise to analyse the sustainability risks should be granted.