Sustainability reporting (NFRD/CSRD)
To integrate ESG consideration into investment decisions, asset managers need reliable, comparable and standardised information on how companies perform against pre-defined sustainability criteria. At the same time, asset managers require better ESG company data for their own compliance with reporting obligations under the Taxonomy and SFDR.
EFAMA advocates expanding the scope of entities and adopting mandatory EU sustainability reporting standards under proposed Corporate Sustainability Reporting Directive. Sustainability information disclosed under CSRD should be subsequently centralised in a publicly-accessible European Single Access Point. At the same time, the EU should encourage developments towards a harmonized global sustainability disclosures ecosystem. To ensure consistency, transparency and accountability, we also advocate for the development of a European regulatory framework for providers of sustainability data, research and ratings.
EFAMA's reply to the EC's public consultation on the revision of the Non-Financial Reporting Directive
EFAMA response to Public consultation on non-financial information
ESG investing in the UCITS market: a powerful and inexorable trend
The European Fund and Asset Management Association (EFAMA) has published its latest Market Insights report titled “ESG Investing in the UCITS Market – A powerful and inexorable trend”. The report looks at the major trends in the ESG UCITS market, the impact of the coronavirus pandemic, and the behaviour of ESG and non-ESG funds.
EFRAG sets solid foundations for the establishment of mandatory EU sustainability reporting standards
The European Fund and Asset Management Association (EFAMA) calls on the European Commission to reflect EFRAG´s recommendations for mandatory European Sustainability Reporting Standards in the upcoming NFRD review.
Asset Managers support call for regulation of ESG data, research and ratings
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EFAMA, the voice of the European investment management industry, joins the French and Dutch financial market authorities call for a European regulation of ESG data, research and ratings.
European asset managers are observing a double-digit growth in the demand for ESG investments, and clients are increasingly sophisticated in their preferences*.
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Market Insights | Issue #4 | ESG investing in the UCITS market: a powerful and inexorable trend
The report looks at the major trends in the ESG UCITS market, the impact of the coronavirus pandemic, and the behaviour of ESG and non-ESG funds.
3 questions to Thierry Bogaty on the EU Ecolabel for retail financial products
Q #1 Can the EU Ecolabel for retail financial products help channel individual investors’ savings into environmentally sustainable projects?
A well-designed EU Ecolabel has the potential to provide clear guidance on the financial products retail investors can invest in if they wish to support environmentally sustainable projects and activities - in line with the EU Taxonomy Regulation. The European Commission wants to create a trusted and verified label for retail investors, who would benefit from better comparability of financial products.
