EFAMA welcomes the opportunity to share views on the EC draft Delegated Acts on the obligation for mutual funds and alternative investment funds to advise clients on social and environmental aspects. Since the outset, EFAMA has been a strong supporter of creating a solid framework for sustainable finance which facilitates the transition to a more sustainable European economy. European asset managers have been integrating ESG into their investment processes in different forms for some time to achieve the diverse sustainability goals of individuals and institutional asset owners.