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 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...
European Union’s Sustainable Finance Disclosures Regulation (SFDR) Given the growing importance of sustainability and the increased commitments to achieving the objectives set under the Paris Climate Agreement and the UN Sustainable Developments Goals (SDGs), countries worldwide are enacting policies and regulations to facilitate private capital through the financial markets into firms that promote sustainability. Timely...
What is the EU Taxonomy Regulation? The EU Taxonomy Regulation is a critical component of the EU Green Deal, which aims to achieve the transition to a modern, resource-efficient and competitive economy. The initial requirements of the EU Taxonomy must be implemented as of January 1, 2022. In this blog post, we explore the questions:...
Reporting on Scope 1, 2 and 3 GHG Emissions – Opportunities and Challenges for Corporations Why are GHG emissions critical for businesses and corporations? What are the opportunities of carbon accounting, and how can companies navigate their scope 1, 2 and 3 emissions landscape? In this blogpost we provide background on GHG emissions discuss the...