EU rules on responsible investments to kick in from 2021 - document

BRUSSELS (Reuters) - European Union finance ministers are set to adopt new rules this week that will require asset managers, insurers and pension funds to disclose environmental and social risks in their investments from 2021.The overhaul is expected to bring more clarity to the lightly regulated sector of responsible investing, and could set a global standard for the growing industry of green and socially-conscious loans, worth nearly $100 billion (£77 billion) this year.EU legislators reached..