Events listed in Sustainable Finance
ESG-risico’s hoog op de agenda van pensioenfondsbesturen, maar meer actie en ...
ID 26517
There’s an increasing urgency to manage ESG risks due to rapid climate change, biodiversity loss, and evolving societal norms. These pose financial risks affecting long-term investments, alongside highlighted social risks like reputational damage from ethical issues in supply chains. Therefore, the DNB has conducted a survey and on-site inspections regarding ESG risk management among 39 pension funds in April 2023. The urgency to manage ...
Commission Delegated Regulation (EU) 2023/2772 as regards sustainability reporting ...
ID 26516
Following the finalization of the standards in July 2023 (EventID 22310), the EU Commission has published in the Official Journal of the EU Commission Delegated Regulation (EU) 2023/2772 containing a first set of sustainability reporting standards, the so called European Sustainability Reporting Standards (ESRS), to be observed by undertakings listed on an EU exchange and by parent undertakings of large groups. These standards aim ...
Consultatie klimaatmaatregelen financiële sector
ID 26457
The Dutch Official Gazzette Overheid.nl published a consultation regarding potential legal or alternative measures to strengthen the contribution of financial institutions to climate transition and weighs the desirability of national legislation in the context of evolving European regulations. The consultation discusses the relationship with existing and future European legislation, as the CSRD, SFDR, Taxonomy regulation and CSDDD. European regulations on sustainable financin ...
Réponse AFG à la consultation de la Commission Européenne sur la révision du niveau ...
ID 26441
The AFG responded to the EC’s Targeted Consultation on SFDR Implementation. As a reminder, the EC launched a targeted consultation and a public consultation on 14 September 2023 to assess the implementation of the SFDR. The focus of the consultation was directed towards legal certainty, the usability of the regulation, and proposals for enhancing the existing framework. The Commission sought insights into the practical ...
Key messages on the Implementation of SFDR
ID 26440
EFAMA published its response to EC’s targeted consultation on the implementation of SFDR (eventid=22926). The SFDR aimed to enhance transparency in sustainable finance, but its adoption as a de facto ESG labeling regime by market participants has led to unintended complexities. The EC’s review needs to enhance SFDR’s clarity for retail investors, promote transition finance, and align with other relevant legislation. Proposed solutions include ...
Targeted consultation on the implementation of the Sustainable Finance Disclosures ...
ID 26438
The ABBL responded to the EC’s Targeted Consultation on SFDR Implementation. As a reminder, the EC launched a targeted consultation and a public consultation on 14 September 2023 to assess the implementation of the SFDR. The focus of the consultation was directed towards legal certainty, the usability of the regulation, and proposals for enhancing the existing framework. The Commission sought insights into the practical ...
ALFI responds to SFDR review consultation by European Commission
ID 26404
ALFI submitted its response to the European Commission’s targeted consultation concerning the implementation of the SFDR. ALFI’s response outlines several key recommendations for enhancing the current SFDR regime: Firstly, ALFI proposes that entity level PAI disclosures be adequately addressed under the CSRD without imposing additional disclosure requirements under SFDR. ALFI contends that such duplicative measures contribute minimally to investor understanding. S ...
ESMA presents methodology for climate risk stress testing and analysis of the ...
ID 26395
ESMA has published two articles addressing critical aspects of sustainable finance. The first article outlines a methodology for dynamically modeling the impact of climate-related shocks on the investment fund sector. It focuses on asset price shocks, investor flows, and portfolio rebalancing, aiming to assess the overall direction and sequencing of these effects. The dynamic modeling is a part of ESMA’s mandate from the EC ...
Supporting COP outcomes with transition plans
ID 26381
In view of the conclusion of the 28th Conference of the Parties (COP28), the Transition Plan Taskforce (TPT) has published a press statement. In it, the TPT presents the key issues addressed at the COP28 and its own stance on those issues. Thereafter, the conference highlighted the importance of transition plans in addressing climate change. In fact, transition plans are becoming a crucial part ...
Grondige herziening SFDR-regels nodig
ID 26378
The Dutch Federation of Pension Funds responds to the targeted SFDR consulation (please note Event ID#22926) in a position paper for a fundamental review of the SFDR to better align with pension funds‘ objectives. The federation supports the SFDR’s transparency goals and the transition to a sustainable economy. They highlight the sector’s strong focus on sustainability, with a majority of participants enrolled in compliant ...