The European Supervisory Authorities have issued their 2023 annual report on the extent of voluntary disclosure of principal adverse impacts (PAI) of investment decisions on sustainability factors under the Sustainable Finance Disclosure Regulation. The report considers (i) the explanations for not considering PAI, (ii) disclosures on due diligence and Paris alignment, and (iii) accessibility of … Read more

Are you struggling to keep track of the ever changing landscape of EU Sustainable Finance? As shown by a number of our previous posts, there is a lot on the European Union’s sustainability finance agenda which financial industry participants need to keep in mind, including: Read more

The European Commission has launched two new consultations which seek feedback on the main concerns of market participants under the current SFDR regime and ask for input on potential amendments to the SFDR, including a new product labelling framework. Read more

Welcome to our newly launched ESG Newsletter. There’s a lot happening in the environmental, social and governance (ESG) space, and we don’t want you to get lost in the quagmire. In our newsletter, we share our latest ESG insights and identify must-know developments from the UK, EMEA and around the world. Read on for our … Read more

Welcome to our newly launched ESG Newsletter. There’s a lot happening in the environmental, social and governance (ESG) space, and we don’t want you to get lost in the quagmire. In our newsletter, we share our latest ESG insights and identify must-know developments from the UK, EMEA and around the world. Read on for our … Read more

With sustainability at the pinnacle of regulatory focus around the world, how can companies caught by the myriad of disclosure regimes maintain confidence when it comes to compliance? Particularly where there is variation in the standards themselves, is the end goal for corporates the highest common denominator? Maybe so. Corporates everywhere are under increased scrutiny … Read more

The first of its kind, the EU’s Deforestation-Free Products Regulation seeks to curtail global deforestation and forest degradation associated with EU consumption and production. The benefits of the Regulation are expected to extend to biodiversity, climate change and to the protection of indigenous peoples and local communities. On 29 June 2023, the long-awaited EU Deforestation-Free … Read more

On 9 June 2023, the European Commission (Commission) published a draft delegated act (“Draft Delegated Act“) containing the first set of European Sustainability Reporting Standards (“ESRS“) under the Corporate Sustainability Reporting Directive (“CSRD“). In a surprise departure from EFRAG’s final recommendations to the Commission, the Commission has significantly reduced mandatory disclosure requirements for those in … Read more