IIGCC has submitted its response to the European Commission’s consultation on the implementation of the Sustainable Finance Disclosure Regulation (SFDR). A number of IIGCC members shared feedback and input, which is reflected in our final consultation response.
IIGCC welcomes the overarching aims and intent of the SFDR. However, investors have faced a number of challenges and barriers in relation to their implementation of the SFDR, and we welcome this wide-ranging review that we hope will help to improve the functioning and clarity of the framework. In particular, we urge the Commission to consider and account for the following positions and recommendations:
About the consultation
The Commission’s consultation aims to gather information from a wide range of stakeholders on their experiences with the implementation of the SFDR. The Commission is interested in understanding how the SFDR has been implemented and any potential shortcomings, including in its interaction with the other parts of the European framework for sustainable finance, and in exploring possible options to improve the framework. The main topics covered in the consultation are:
DISCLAIMER: This response was developed by IIGCC with input from some members, but does not necessarily represent the views of the entire membership, either individually or collectively.