Sustainable Finance
The asset management industry plays a key role in meeting the objectives of the European Green Deal to make the EU’s economy sustainable. Our members integrate ESG considerations across their risk management processes and investment decisions. They develop sustainable investment products and foster transparency to fight greenwashing. This increases choice, trust and, in turn, retail investors’ participation. Overall, such efforts mobilise capital towards a fair and just transition to a climate-neutral economy by 2050.
EFAMA actively contributes to the development and implementation of EU’s sustainable finance initiatives. Among them are a comprehensive transparency framework for financial market participants, standards and labels for green financial products, classification of green economic activities and policies enhancing corporate sustainability reporting.
EFAMA's reply to European Lab's future projects agenda consultation
EFAMA response to the call for feedback on TEG report on EU taxonomy
EFAMA's response to ESMA survey on collection of evidence on undue short-term pressures from Financial Sector on Corporations
EFAMA supports the formation of the International Sustainability Standards Board
We wholeheartedly support the formation of the International Sustainability Standards Board (ISSB) as announced today by the IFRS Foundation. The investment management industry is keen to actively engage in its governance and technical work, as it develops.
Position on the scope of CSRD and the interplay with SFDR
The asset management industry recognises the much-needed adoption of mandatory European sustainability reporting standards under the Corporate Sustainability Reporting Directive (CSRD) proposal. Insufficient availability of meaningful, comparable, reliable, and public Environmental, Social and Governance (ESG) data is a key impediment to realising the full potential of the EU's sustainable finance regulatory framework. Financial market participants' sustainable investments need to be driven by real, verifiable and reported ESG metrics of company's activities and financial risks.
EFAMA Vice-president Peter Branner to speak at POLITICO Live event
Tune in on 12 October at 9.00 am CEST to POLITICO Live’s event “Raising the green game in finance: how can Europe deliver?” with the participation of EFAMA's Vice-president Peter Branner from APG Asset Management. He will be joined by