SFDR

EU authorities should focus on setting minimum standards when making changes to disclosure rules, says French investor’s ESG research head.

Morningstar warns that asset versus portfolio improvement approach means alignment for passive PAB and CTB funds will prove challenging.

Regulator proposes 'non-financial filters' label with SRI criteria as other national supervisors back introduction of new category system.

Most investors back introducing label system but split over UK-style versus Article 8 and 9 basis as full results released.

Separately, PwC study finds only one in five management companies in scope issued a public PAI statement last year.

The firm also warned against the rise of 'orphaned emissions' which are excluded from company tallies.

Article 8 and 9 funds decarbonised more on average than other sustainable funds after SFDR implementation, say researchers.

Firm opposes mandatory baseline disclosures but backs new labelling system, while BVI and Eurosif also publish consultation responses.

Implementation and streamlining of existing rules in focus for 2024, with all eyes on EU elections in June and the implications for the sustainable finance agenda.

Norwegian pension fund unsure about category proposals as UKSIF, IIGCC and German academics and FNG label team deliver recommendations.