The global health crisis and the materialisation of non-financial risks all over the globe shed some new light on the importance of environmental, social and governance (ESG) and sustainability matters. The topic is about to become even more actual for every asset manager.
The ESG framework for the banking and insurance sectors is vast and complex, with many intertwining legal texts and obligations that vary in scope and compliance deadline. To meet this challenge and stay ahead of the game, you should know about key ESG milestones – and contact our experts if you need assistance! [Last updated on 15/12/2022]
Arendt offers an ESG due diligence tool that allows private companies and asset managers to analyse their ESG performance.
You wish to accelerate your transition to sustainability? Check how our new web-based due diligence tool can help you.
Contact us for more information on this new technology, and to request a free demo at ESGDDM@arendt.com
Eyes on ESG
To better understand all the challenges and issues related to ESG and sustainable finance, our experts have put together a new series of videos that tackles specific regulations and concepts on the ESG topic. Start watching here_
SFDR, Taxonomy, NFRD - The three musketeers of sustainable finance
In mid-March of 2021, ESAs published a consultation paper regarding the Taxonomy-related disclosures for financial products in the context of the SFDR. On the 21st of April 2021, the EU Commission published the “April Package”. Among other things, it includes:
the final technical screening criteria of the Taxonomy,
the revision of the Non-Financial Reporting Directive (NFRD) by the Corporate Sustainability Reporting Directive (CSRD).
Statements by the CSSF on the application of the SFDR
[23/03/21] European Supervisory Authorities (ESAs) have published a new version of the draft Regulatory Technical Standards under the SFDR. In a press release dated 12 March 2021, the CSSF encouraged market participants to already begin referring to the new draft RTS when applying the SFDR. More details in this short video with Antoine Portelange.
Q&A: The world of sustainability - an introductory video on this key topic.
Sustainability-related disclosures in the financial sector will become mandatory, as indicated on the timeline below.
Fast-track for sustainability-related disclosures
Why funds and managers should already be thinking about ESG requirements
In response to growing concerns over climate change, and as part of broader efforts to connect finance with the specific needs of the European and global economy for the benefit of the planet and our society, sustainability considerations are more and more integrated into companies policies.