ESG implications of the EU election results

Last weekend’s EU elections marked the end of the bloc’s greenest parliament ever with the overall “shift to the right”, though centrist parties still retained the majority.

Whilst the post 2030 climate agenda could be weakened in ambition, Ehsan Khoman, Head of Research – Commodities, ESG and Emerging Markets (EMEA), believes that there is unlikely to be any major overhaul on sustainability, but rather there may be fresh emphasis on integrating economic attractiveness and sovereignty components into the existing European Green Deal, with a focus on regulatory simplification.

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