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We spoke about sustainability and climate reporting in US, UK and EU; the divisive nature of ESG; and the regulatory compliance burden on firms.
ESAs propose improvements to the “complex and difficult to comprehend” SFDR and suggest introducing categories and/or sustainability indicators.
The five key milestones for investment managers in ESG reporting covered in this article are: SDRs, PRI, SFDR, TCFD and ISSB.
European Commission launches SFDR consultation, acknowledging flaws, and considers whether the current regime is still workable.