The SFDR AG is open to practitioners, for example asset managers or data providers, that are members of the national Sustainable Investment Fora (SIFs).
It is coordinated by Pierre Garrault, Senior Policy Adviser.
The Sustainable Finance Disclosure Regulation (SFDR) Advisory Group provides a forum to critically analyse the SFDR framework and identify areas where this regulation could be enhanced or improved upon in future. It follows a specific request from Eurosif members which highlighted the need to conduct research into the post-SFDR market, increase exchanges and information sharing to better understand and manage the implementation of this regulation at technical level and identify areas for future reform.
Key study
Data-driven insights about SFDR application in the market
Classification challenges
Policy recommendations on minimum standards for products
Sustainable finance is the set of practices, standards, norms, regulations and products that pursue financial returns alongside environmental and/or social objectives. It is sometimes used interchangeably with Environmental, Social & Governance (ESG) investing.
https://en.wikipedia.org › wiki › Sustainable_finance
Disclosure Regulation (SFDR) Advisory Group provides a forum to critically analyse the SFDR framework and identify areas where this regulation could be enhanced or improved upon in future.
The Sustainable Finance Disclosure Regulation (SFDR) is part of a suite of European regulation aimed at building a sustainable economy. The European Green Deal envisions a European economy that is climate neutral by 2050, in line with the Paris Agreement, and is positive for biodiversity.
The EU Taxonomy defines economic activities that can be considered environmentally sustainable. The CSRD requires companies to report on their sustainability performance against the EU Taxonomy. The SFDR requires financial market participants to disclose how their products align with the EU Taxonomy.
Every financial market participant or financial advisor based in the EU must comply with SFDR reporting, across asset classes and including private equity.
Who does EU SFDR apply to? The regulation applies to all financial market participants (“FMPs”) and financial advisors (“FAs”) in the EU – including any with EU shareholders or marketing themselves in the EU – and sets out clear disclosure requirements.
Who is the EU taxonomy for and when must they report? The Green Taxonomy currently covers over 11,000 companies. However, with the implementation of the new Corporate Sustainability Reporting Directive (CSRD) from 2024, its scope will gradually be extended to 50,000 organisations.
Article 8 covers products that promote environmental or social characteristics alongside financial objectives. Article 9 is for products with a primary sustainable investment objective.
Sustainable investing is additive to asset management theory and does not mean a rejection of foundational concepts. Sustainable investing develops deeper insights about how value will be created going forward using ESG considerations.
In 1997, Technology Advancement for Multi-Laterals (TAML), an industry consortium of operators and service companies, was formed to categorize multilateral wells by their complexity and functionality.
East Asia Institute of Management – EASB is a premier private institution of tertiary education in Singapore with more than 3500 students from over 30 countries. It is centrally located in the Balestier Area with a state of the art facilities catering to the growing demand for quality on-campus education in Singapore.
The ESG-related disclosures rules, which are subject to consultation, can be understood as the US equivalent of the sustainable finance disclosure regulation (SFDR) in the EU and the sustainability disclosure regime (SDR) requirements being worked on in the UK.
While the EU Taxonomy provides the classification framework for sustainable activities, the CSRD regulates sustainability reporting and the SFDR defines the disclosure requirements for selling financial products.
The EU SFDR outlines specific definitions for Sustainability Risks and Principal Adverse Impacts: Sustainability Risks refer to environmental, social or governance events, or conditions, such as climate change, that could cause an actual or a potential material negative impact on the value of an investment.
The European Green Deal is a package of policy initiatives, which aims to set the EU on the path to a green transition, with the ultimate goal of reaching climate neutrality by 2050. It supports the transformation of the EU into a fair and prosperous society with a modern and competitive economy.
Aims. The overarching aim of the European Green Deal is for the European Union to become the world's first “climate-neutral bloc” by 2050. It has goals extending to many different sectors, including construction, biodiversity, energy, transport and food.
The SFDR is part of the wider Sustainable Finance Action Plan and European Green Deal, which are specifically aligned with the Paris Agreement. This seeks to limit global warming to maximum 2 °C above pre-industrial levels by 2100, and more ideally to limit it to 1.5 °C.
Introduction: My name is Terence Hammes MD, I am a inexpensive, energetic, jolly, faithful, cheerful, proud, rich person who loves writing and wants to share my knowledge and understanding with you.
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