🧩[#EXPERTOPINION] How to navigate uncertainty around the “Sustainable Finance Disclosure Regulation” (SFDR)? Earlier this year, the European Commission published the results of the consultation on the SFDR revision, sparking keen interest in fund categorization and alignment with sustainable investment strategies. However, financing the completion of the European sustainability goals is lagging behind. In our latest expert opinion, the Sustainable Finance team analyzes current challenges and proposes solutions to guide regulators and financial actors in the coming months. How to.... 🔍 clarify regulatory concepts for more consistent interpretation ? 📊 enhance transparency and comparability of investment strategies through clearer reporting obligations? 🔄 streamline reporting requirements in the upcoming SFDR revision? 💡 incorporate relevant sustainability indicators and develop robust transition plans? 💰 reevaluate asset valuation models for consistent consideration of sustainability risks? 👉 Read the Expert Opinion paper : https://lnkd.in/gMgw2SP9 This expert opinion, written in February by Nicolas Forget, Clara Bécard, Sami Kallal and Amine Maaninou, is part of a series of long-form publications titled ‘Yes We Care About’. #EuropeanRegulations #SFDR #SustainableFinance
I Care’s Post
More Relevant Posts
-
Autorité des marchés financiers (AMF) – France publishes the key principles it believes should guide the #SFDR review. Back in 2018-2019, the Sustainable Finance Disclosure Regulation (SFDR) was designed as a non-financial disclosure regime applying to financial entities and products. However, it has been used in practice as a labelling regime by market participants, confusing investors. 👉 Thus, the AMF welcomes the European Commission’s stated intention to undertake a review of SFDR and calls for a thorough recast of the Regulation. The 2 AMF's main messages are the following: 1️⃣ The new framework should provide clarity in terms of product categorisation, and thus include product categories based on objective minimum criteria. 2️⃣ Conversely, the review should preserve a wide range for disclosures, seeking simplification wherever possible to focus on relevant disclosures for investors and taking into account other developments in the sustainable finance agenda. 👇 The position paper is in comments for any one interested in #sustainability, #ESG & #sustainablefinance
To view or add a comment, sign in
-
Irish Funds Review of SFDR Level 2 Disclosures in a Sample of Fund Periodic Reports prepared by the Irish Funds Environmental, Social, Governance Data and Reporting Working Group, provides practical insights and areas of focus for fund managers to consider for upcoming cycles. #ESG #sustainablefinance #SFDR #fundmanagers
Irish Funds has published a Review of #SFDR Level 2 Disclosures in a Sample of Fund Periodic Reports. Prepared by the the Irish Funds Environmental, Social, Governance (#ESG) Data and Reporting #Workinggroup, the paper conducts an analysis on the European Union Sustainable Finance Disclosure Regulation (SFDR) Level 2 disclosures included in periodic reports. The review looks at a sample of 146 periodic reports issued after 1 January 2023 and includes funds with year-end 31 October 2022 to 31 March 2023. At the outset, the paper outlines expectations leading up to the Level 2 #implementation and context to SFDR Level 2 disclosure requirements. The paper then details the sample review and key observation which provide some practical #insights and areas of focus for #fundmanagers to consider for upcoming cycles. Irish Funds members can read the review on our Member Portal: https://lnkd.in/eZkvv_UF Cathal McGlinchey Jack Lee Anita Donoghue Aoife Kearney Georgia Karmou, Izabela Fornasier William Edmunds Kevin Barry Jonathan Taylor Chantal Mantovani Lauren Anderson #report #IrishFunds #sustainable #finance #investment #EUCommission #ESMA
To view or add a comment, sign in
-
-
Irish Funds has published a Review of #SFDR Level 2 Disclosures in a Sample of Fund Periodic Reports. Prepared by the the Irish Funds Environmental, Social, Governance (#ESG) Data and Reporting #Workinggroup, the paper conducts an analysis on the European Union Sustainable Finance Disclosure Regulation (SFDR) Level 2 disclosures included in periodic reports. The review looks at a sample of 146 periodic reports issued after 1 January 2023 and includes funds with year-end 31 October 2022 to 31 March 2023. At the outset, the paper outlines expectations leading up to the Level 2 #implementation and context to SFDR Level 2 disclosure requirements. The paper then details the sample review and key observation which provide some practical #insights and areas of focus for #fundmanagers to consider for upcoming cycles. Irish Funds members can read the review on our Member Portal: https://lnkd.in/eZkvv_UF Cathal McGlinchey Jack Lee Anita Donoghue Aoife Kearney Georgia Karmou, Izabela Fornasier William Edmunds Kevin Barry Jonathan Taylor Chantal Mantovani Lauren Anderson #report #IrishFunds #sustainable #finance #investment #EUCommission #ESMA
To view or add a comment, sign in
-
-
Delighted to have contributed and analyzed the ESG data for SFDR disclosures. This paper shares some really interesting insights and observations on where we are seeing consistent and varying approaches taken to certain aspects of SFDR periodic reports across the industry. Thank you to William Edmunds for helping to gather the data. #sustainable #IrishFunds #ESG #SFDR #reporting #Mufg MUFG Investor Services
Irish Funds has published a Review of #SFDR Level 2 Disclosures in a Sample of Fund Periodic Reports. Prepared by the the Irish Funds Environmental, Social, Governance (#ESG) Data and Reporting #Workinggroup, the paper conducts an analysis on the European Union Sustainable Finance Disclosure Regulation (SFDR) Level 2 disclosures included in periodic reports. The review looks at a sample of 146 periodic reports issued after 1 January 2023 and includes funds with year-end 31 October 2022 to 31 March 2023. At the outset, the paper outlines expectations leading up to the Level 2 #implementation and context to SFDR Level 2 disclosure requirements. The paper then details the sample review and key observation which provide some practical #insights and areas of focus for #fundmanagers to consider for upcoming cycles. Irish Funds members can read the review on our Member Portal: https://lnkd.in/eZkvv_UF Cathal McGlinchey Jack Lee Anita Donoghue Aoife Kearney Georgia Karmou, Izabela Fornasier William Edmunds Kevin Barry Jonathan Taylor Chantal Mantovani Lauren Anderson #report #IrishFunds #sustainable #finance #investment #EUCommission #ESMA
To view or add a comment, sign in
-
-
Ambassador @ Top Tier Impact (TTI) | Eco-System Enabler for Startups & Venture Funds | Member of Bundesinitiative Impact Investing
Sustainable Finance Disclosure Regulation SFDR explained in a nice blog post worth reading. It's a European initiative to drive more money into the impact space and manage long term risks for climate, bio-diversity, and society. #impactinvesting #sustainabledevelopmentgoals #sdgs #sustainability #transparency
𝗗𝗲𝗺𝘆𝘀𝘁𝗶𝗳𝘆𝗶𝗻𝗴 𝘁𝗵𝗲 𝗦𝗙𝗗𝗥 𝗙𝗿𝗮𝗺𝗲𝘄𝗼𝗿𝗸 In the world of finance, SFDR (Sustainable Finance Disclosure Regulation) is a game-changer. This EU regulation redefines the financial landscape, impacting all market participants and advisors. Martha Oberndorfer, Associate Partner of Venionaire Capital, wrote an insightful article on this topic. Key Points: Objectives: SFDR redirects capital towards sustainability, manages financial risks, and promotes transparency. Product Classification: It categorizes financial products into Article 6, Article 8 (Light Green), and Article 9 (Dark Green) strategies. Disclosure Levels: SFDR introduces three disclosure levels for ESG considerations, providing in-depth details. Principal Adverse Indicators (PAI): Financial institutions report on the impact of their investment decisions on sustainability factors. Challenges in Private Equity: Private equity faces unique ESG data challenges, underscoring the need for improved data accessibility. SFDR signifies a seismic shift toward sustainability in finance. Understanding its impact and challenges is crucial for a sustainable future. 𝗥𝗲𝗮𝗱 𝘁𝗵𝗲 𝗳𝘂𝗹𝗹 𝗕𝗹𝗼𝗴 𝗔𝗿𝘁𝗶𝗰𝗹𝗲 ➡️ https://lnkd.in/gJAinn_r Berthold Baurek-Karlic Julia Gülden-Zeisberger Lisa Wimmer Iman Saïd Philipp Sakuler Kambis Kohansal Vajargah Per Ståhl Dr Guenther Dobrauz-Saldapenna Christian Oehner Guenter Schmittberger Mark Kaslatter Georgi Lossmann-Iliev Beata Mangelberger Heidi Hauer Mario Schwarz-Maurer, CCFE Karin Brauneis-Ryan GRESB SFDR Finance 🇪🇺 Support Foundation (SFDR) Erwann Le Ligné Silva Deželan, PhD #Finance #SustainableFinance #SFDR #ESG #EURegulations #Sustainability #FinancialIndustry
To view or add a comment, sign in
-
-
Irish Funds have just released a report with review of SFDR annual report disclosures. The conclusions are very much in line with what we see and recommend improving when reviewing SFDR disclosures for our clients representing the Irish funds industry. Good insights inside on EU taxonomy and GHG emissions reporting - 42% of funds reviewed disclosed specific carbon-related emissions reduction or carbon-related ESG exclusions. However, 90% of the funds did not disclose Taxonomy alignment exposure above 0%, and only 10% of the Article 9 fund sample had investments in EU Taxonomy aligned activities. The report also reminded on the Central Bank of Ireland's remark on importance of being clear what exact ESG characteristics the product follows - i.e. the report states that the disclosures have lacked detail, instead re-listing the exclusions applied by the fund, stating percentage exposed to very severe controversies, and stating ESG / Environmental Score with no elaboration. Overall, data availability is improving moderately across the asset classes. However, there is still significant progress to be made, and CSRD may help to improve data availability for the funds' reporting. #sfdr #irishfunds #sustainable #finance #EUtaxonomy #CSRD
Irish Funds has published a Review of #SFDR Level 2 Disclosures in a Sample of Fund Periodic Reports. Prepared by the the Irish Funds Environmental, Social, Governance (#ESG) Data and Reporting #Workinggroup, the paper conducts an analysis on the European Union Sustainable Finance Disclosure Regulation (SFDR) Level 2 disclosures included in periodic reports. The review looks at a sample of 146 periodic reports issued after 1 January 2023 and includes funds with year-end 31 October 2022 to 31 March 2023. At the outset, the paper outlines expectations leading up to the Level 2 #implementation and context to SFDR Level 2 disclosure requirements. The paper then details the sample review and key observation which provide some practical #insights and areas of focus for #fundmanagers to consider for upcoming cycles. Irish Funds members can read the review on our Member Portal: https://lnkd.in/eZkvv_UF Cathal McGlinchey Jack Lee Anita Donoghue Aoife Kearney Georgia Karmou, Izabela Fornasier William Edmunds Kevin Barry Jonathan Taylor Chantal Mantovani Lauren Anderson #report #IrishFunds #sustainable #finance #investment #EUCommission #ESMA
To view or add a comment, sign in
-
-
Delighted to have worked on this review of SFDR Level 2 reporting disclosures as part of our Irish Funds ESG working group. This paper shares some really interesting insights and observations on where we are seeing consistent and varying approaches taken to certain aspects of SFDR periodic reports across the industry. #sustainable #IrishFunds #ESG #SFDR #reporting
Irish Funds has published a Review of #SFDR Level 2 Disclosures in a Sample of Fund Periodic Reports. Prepared by the the Irish Funds Environmental, Social, Governance (#ESG) Data and Reporting #Workinggroup, the paper conducts an analysis on the European Union Sustainable Finance Disclosure Regulation (SFDR) Level 2 disclosures included in periodic reports. The review looks at a sample of 146 periodic reports issued after 1 January 2023 and includes funds with year-end 31 October 2022 to 31 March 2023. At the outset, the paper outlines expectations leading up to the Level 2 #implementation and context to SFDR Level 2 disclosure requirements. The paper then details the sample review and key observation which provide some practical #insights and areas of focus for #fundmanagers to consider for upcoming cycles. Irish Funds members can read the review on our Member Portal: https://lnkd.in/eZkvv_UF Cathal McGlinchey Jack Lee Anita Donoghue Aoife Kearney Georgia Karmou, Izabela Fornasier William Edmunds Kevin Barry Jonathan Taylor Chantal Mantovani Lauren Anderson #report #IrishFunds #sustainable #finance #investment #EUCommission #ESMA
To view or add a comment, sign in
-
-
📢 Join us virtually for a dynamic debate on Nov 29th at 15:00 for a deep dive into SFDR: 2023 in Review 📈 Gain profound insights into the evolving landscape of sustainable finance disclosure regulations where financial experts from the Benelux discuss, dissect, and define the path forward. Don't miss out - register today! http://spr.ly/6040ualho #SFDR #SustainableFinance #Regulation
To view or add a comment, sign in
-
🌱On 4 December, the European Supervisory Authorities have published a Final Report containing further draft changes to their Sustainable Finance Disclosure Regulation (SFDR) technical standards. Read the article: https://lnkd.in/eUpMmySz #sustainability #SFDR
To view or add a comment, sign in
-
-
European watchdogs call for overhaul of sustainable labels in SFDR review. The Joint Committee of the European Supervisory Authorities (ESAs) has called on the European Commission to introduce a product classification system in its review of the Sustainable Finance Disclosure Regulation (SFDR). Check out Cristian Angeloni's latest article 👇 https://incm.pub/3Xx8mUo #investing #assetmanagement #wealthmanagement #finance
To view or add a comment, sign in
-