This article argues that the regulatory steers in the recent EU Sustainable Disclosure and Taxonomy Regulations rely heavily on the outworking of market-based governance to meet public interest goals in sustainable finance. Hence, additional work in sustainability metrics development that informs the investment sector of sustainable performance in companies would be of key importance. This article argues that there remain gaps in EU leadership for governing metrics development, and suggests that EU-level governance can be designed appropriately, especially in a multi-stakeholder manner, for metrics development and in relation to key information intermediaries in this space.

本文认为，最近的欧盟可持续披露和分类法规中的监管指导在很大程度上依赖于基于市场的治理的外部工作，以实现可持续金融中的公共利益目标。因此，在可持续发展指标开发方面的额外工作，让投资部门了解公司的可持续绩效将至关重要。本文认为，欧盟在管理指标开发方面的领导力仍然存在差距，并建议可以适当地设计欧盟层面的治理，特别是以多利益相关者的方式，用于指标开发以及与该领域的关键信息中介相关。