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European Commission moves back deadline to meet certain ESG requirements The flag of the European Union. The European Commission is delaying the upcoming deadline under its ESG disclosure regulation by six months to help managers, consultants and supervisors with a smoother adoption of the new requirements. The deadline to implement some of the requirements of the Sustainable Finance Disclosure Regulation will be postponed until July 1, 2022, from the previous deadline of Jan. 1, 2022, according to a source close to the commission, which said that it was necessary to extend it due to the length and technical detail of the new standards. SFDR, some of which has been in effect since March this year, means that money managers are required to assess and disclose to their investors the environmental, social and governance impact of their investment strategies.

European commissionSustainable finance disclosure regulationஐரோப்பிய தரகுநிலையான நிதி வெளிப்படுத்தல் ஒழுங்குமுறை