The new EU Commission focuses on sustainable finance, streamlining regulatory frameworks, and fighting greenwashing, with ESMA, SBTi, and ESA contributing guidelines on ESG labeling, net-zero standards,...
In summary, while these guidelines set a solid foundation for ensuring that the EU asset management sector substantiates any claims about the sustainability of products offered...
Esma estimates that 9.2% of EU-domiciled 'Article 8' funds (2,730 out of a total of 29,701 funds) use such words and are, therefore, "potentially affected by...
ESMA focuses on two “pain points” with regard to ESG ratings. On the one hand, it calls for minimum regulatory requirements for ESG ratings, and on...