Archive

Net outflows accelerate for Article 9 funds

Investment groups urge EU to delay changes to SFDR

European investment groups have urged the European Commission to delay proposed changes to the Sustainable Finance Disclosure Regulation (SFDR), as they warned of a risk to investor confidence in the regime and to the reliability of disclosures.

Improved categorisation necessary to strengthen SFDR, EFAMA says

'More rigorous' standards see biennial review register big drop in sustainable assets

A big drop in the total assets judged as 'sustainable' globally has been reported in the latest in a series of biennial reviews, with tightened criteria in response to a "rise in greenwashing and greenhushing".

Uptake of SFDR Article 9 ETFs slow but 'progressive', says EFAMA

The uptake of UCITS exchange-traded funds (ETFs) registered as Article 9 under the EU's Sustainable Finance Disclosure Regulation (SFDR) continues to be significantly slower than Article 8, ...

More than 90 investors demand removal of climate disclosure opt-out in CSRD

A group of 93 investors and other financial institutions has signed a letter urging the European Commission to remove a proposed opt-out in corporate disclosure rules for aspects including greenhouse gas (GHG) emissions.

European asset managers association backs 'brown taxonomy'

The €27 trillion ($32 trillion) European Fund and Asset Management Association (EFAMA) has thrown its support behind the EU's proposals for a taxonomy of significantly harmful environmental activities.

News round-up: Ceres, IIGCC, EFAMA and more

EFAMA recommends delaying EU disclosure rules

'Double materiality' splits market in IFRS sustainability standards consultation