Maria van der Heide, Head of EU Policy, said: "With Europe facing a climate crisis that threatens environmental stability and deepens socio-economic inequalities, the new Commissioner for Financial Services and the Savings and Investments Union has a critical role to play in accelerating Europe's transition towards a sustainable, resilient and prosperous economy that puts people and the planet first. This means recognising the crucial role of the financial sector in this transition and ensuring investments are directed towards activities that drive real positive change. The stakes are high, and her leadership will be crucial if the EU is to meet its ambitious climate and social goals and remain competitive without sacrificing environmental and societal needs.

"The Commissioner-designate for Democracy, Justice and the Rule of Law has an equally important task. As the one setting rules for companies, he must introduce measures that require investors to address the human rights and environmental risks of their activities, and to use their influence over companies they invest in as a force for good. These steps are essential for building a transparent, accountable financial system that aligns with the EU’s sustainability ambitions."

Notes to editors:

The appointments are pending approval by the European Parliament, with public hearings scheduled between mid-October and the beginning of November – a key moment to assess these candidates' commitment to a sustainable and fair future for Europe.