EFAMA responded to a public consultation of the Platform on Sustainable Finance on a social taxonomy.
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.
Related policy positions
Policy Position
Sustainable Finance
EU Taxonomy
09 September 2021
EU needs a usable, investor-centric and globally relevant social taxonomy
Policy Position
Sustainable Finance
EU Taxonomy
07 September 2021
Brown taxonomy: An opportunity to transition away from significantly harmful activities
EFAMA responded to a public consultation of the Platform on Sustainable Finance on taxonomy extension options linked to environmental objectives.
Policy Position
International agenda
Sustainable Finance
Sustainability-related Disclosures (SFDR)
12 August 2021
EFAMA responds to IOSCO's recommendations on sustainability-related practices policies, procedures and disclosures in asset management
EFAMA welcomes IOSCO's enhanced attention to transparency efforts supporting informed and qualified investment decisions in sustainability-related products. We support the adoption of such recommendations at the international level and believe IOSCO should leverage the experience with SFDR and Taxonomy in Europe to help establish consistent international standards, definitions and best practices.
In this response, we would like to highlight three pressing challenges deserving greater attention in the report from asset managers' perspective.
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Capital Markets Union
Competitiveness
International agenda
Management Companies
Sustainable Finance
14 June 2021
Naïm Abou-Jaoudé, CEO of CANDRIAM, elected new President of EFAMA - EFAMA appoints new Board of Directors
On the occasion of its annual meeting held on Friday 11 June, EFAMA’s General Meeting (GM) elected Naïm Abou-Jaoudé, CEO of CANDRIAM, as President for a two-year term, running until June 2023.
Publication
Capital Markets Union
Competitiveness
Distribution ＆ Client Disclosures
EU Fund regulation
International agenda
Investor Education
Management Companies
Pensions
Stewardship
Sustainable Finance
10 June 2021
EFAMA Annual Review 2020-2021
It gives me great pleasure to provide you with an overview of our activities since our Ordinary General Meeting of last year.
Press Release
Sustainable Finance
Ecolabel
EU Taxonomy
Sustainability-related Disclosures (SFDR)
07 June 2021
EFAMA welcomes proposed transitional period under Art. 8 of the taxonomy and calls for its alignment with SFDR taxonomy-related product disclosures
EFAMA has published its response to a consultation on the draft delegated act under Article 8 of the Taxonomy.
Related publications
Publication
UCITS
Sustainable Finance
24 September 2024
Market Insights #18 - Sustainable Equity UCITS
This report looks specifically at the evolving trends of the equity asset class of sustainable UCITS, whose share is the highest (53%) in total sustainable UCITS funds. It highlights their role as investment vehicles in facilitating the green transition. The universe of sustainable equity UCITS funds is defined based on Morningstar’s classification of sustainable financial instruments1. This means funds must claim to have a sustainability objective, and/or use binding ESG criteria for their investment selection.
Publication
Investor Education
Sustainable Finance
28 November 2023
Sustainable Investing Explained in 9 Questions
EFAMA launches its new brochure "Sustainable investing explained in 9 questions".
Despite the growing interest and importance of sustainable investing, most EU citizens often find it difficult to navigate this relatively new investment landscape.
In the brochure we explore :
Publication
Statistics
Sustainable Finance
14 December 2022
EFAMA Asset Management Report 2022
EFAMA's latest edition of its 'Asset Management in Europe' report provides an in-depth analysis of recent trends, focusing on where investments funds and discretionary mandates are managed in Europe.
The asset management sector is a crucial one for the European economy, with a key role to play in financing the green transition:
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Regulatory Policy Advisor
Regulatory Policy Advisor
