RegulationNovember 15, 2022by Sebastian Dürr
Insights
Read about the latest insights on ESG in our blog section.
Sustainable Finance Disclosures Regulation (SFDR) is one of the three pillars of the European Union’s Action Plan on Sustainable Finance. Our first blog on SFDR provided an overview of the regulation (read here), and the classification of funds based on their sustainability objective (Article 6, 8 and 9 Funds). In this blog, we explore some of...
The EU created the Sustainable Finance Action Plan to direct financial flows toward sustainable investments, and the EU Taxonomy is the bedrock of the Sustainable Finance Framework. The EU Taxonomy is a classification system for determining which economic activities are environmentally sustainable or Taxonomy eligible. The objective of the Taxonomy is to prevent “greenwashing” and...
Concepts & How ToJuly 25, 2022by Madhavan Nampoothiri
Dynamic, Nested and Core Materialities – Materiality Madness?
In February 2022, the Global Reporting Initiative (GRI) published a paper titled “The materiality madness: why definitions matter”. GRI’s corporate sustainability reporting standards, based on the concept of double materiality, are the most widely used worldwide. GRI’s key message in the paper was simple – don’t complicate the idea of materiality. As GRI put it,...
RegulationJuly 20, 2022by Madhavan Nampoothiri
Introduction of Sustainability Preferences: EU MiFID II & IDD
The amended European Union Markets in Financial Instruments Directive II (MiFID II) and Insurance Distribution Directive (IDD) come into effect on 2 August 2022. The changes will affect how investment advisers and insurance firms in EU integrate the sustainability preferences of their clients and policyholders, respectively. The amended MiFID II and IDD are critical components...
Reporting & DisclosureJuly 18, 2022by Madhavan Nampoothiri
Opinion: TCFD – The one ring to rule them all?
Once upon a time, not long ago, there were several rings, or frameworks, for reporting corporate social performance, or ESG performance. There was one for reporting on emissions (CDP), another one only for real estate (GRESB), one for sector-specific reporting (SASB) and several other general reporting frameworks (GRI, CDSB, IIRC, etc). Then in 2015, the...
(This is the second of the 3-part series on Net Zero and includes “What is Net Zero” (Part 1), How to set Net Zero targets (Part 2) and how to finance Net Zero targets (Part 3)) In the last part, the concept of Net Zero and related terms were touched upon (read here). This part...
We’re Here To Help You To Navigate Your ESG Landscape
NordESG – Accelerate To Your True North
Contact
NordESG
info@nordesg.com
+49 2681 950 9779
Hauptstraße 1 | 57612 Heupelzen
Germany