People moves: Russell Investments picks BlackRock s institutional head as chief | News ipe.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from ipe.com Daily Mail and Mail on Sunday newspapers.
By Luigi Serenelli2021-02-18T16:00:00+00:00
German investors believe the EU Sustainable Finance Disclosures Regulation (SFDR), paired with further disclosure obligations, will improve transparency of companies’ climate impact activities.
The detailed legal requirements of the SFDR, along with the EU taxonomy, “will certainly lead to improved transparency [on the climate impact] of companies’ activities”, Bastian Grudde, ESG analyst at Union Investment, told IPE.
But only the fulfilment of technical regulatory standards will tell in detail the measure of the progress on the matter, he added.
Earlier this month the European Supervisory Authorities (ESAs) – EBA, EIOPA and ESMA – published draft regulatory technical standards on the content, methodologies and presentation of disclosures under the SFDR.