No need to scrap SFDR Articles 8 and 9, PwC says
The EU could make "tweaks" to its Sustainable Finance Disclosure Regulation (SFDR), rather than wholesale changes that could lead to the Article 8 and 9 categories being scrapped, according to an executive at PwC Luxembourg.
Extend SFDR reporting to all financial products, says Mirova
Even financial products not targeting sustainability objectives should be required to provide information under the Sustainable Finance Disclosure Regulation (SFDR), Mirova has argued.
EU mulls scrapping Article 8, 9 distinction and creating sustainability 'categories'
The EU is considering radical changes to its controversial Sustainable Finance Disclosure Regulation (SFDR) that could see it ditch the Article 8 and 9 designations that are widely used by investors to signal the sustainability ambition of funds.
Commission makes concession following criticism of ESRS materiality opt-out
Companies that say climate-related matters are not 'material' to them will be required to provide European regulators with a "detailed explanation" why, under revisions to the European Sustainability Reporting Standards.
EU reveals consultation on SFDR overhaul
Stalled EU social taxonomy work to be 'restarted' by French investors
Work on a stalled proposal to develop an EU-wide taxonomy of social activities is to be taken up by national sustainable investment fora.
Exclusive: Commission 'mulls changes to controversial ESRS materiality clause'
A controversial provision to allow companies to choose what climate-related information they must disclose under incoming EU reporting rules could be altered to allay fears that it could offer an 'escape route' from reporting, Environmental Finance has learned.
NBIM tells EU to change course on mandatory ESRS climate, social disclosure
Norges Bank Investment Management (NBIM) said the European Commission should change plans to make some key climate and social corporate disclosure standards voluntary rather than mandatory.
The great ESG data free-for-all
The business model of commercial data providers faces disruption in coming years amid the launch of free data platforms, writes Michael Hurley
EU Platform calls for two types of sustainable investment in SFDR
The Platform on Sustainable Finance has called for the creation of two types of sustainable investment under the EU's sustainable finance package of regulations, including the Sustainable Finance Disclosure Regulation (SFDR).