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The International Centre for Sustainability Reporting and Governance (ICSRG) is a non-profit organization that shares information, ideas and insights on sustainability reporting and governance.

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Report on Sustainable Finance Disclosure Regulation (SFDR)

The SFDR requires financial market participants to disclose sustainability-related information to investors. Stakeholders have raised concerns about several aspects of SFDR. The EC has therefore launched a comprehensive assessment of the SFDR to look at these issues in the context of the broader sustainable finance framework, with a focus on legal certainty, useability, and the prevention of greenwashing. The Commission has published a report and invites responses to the public consultation by 15 December 2023. Read more here. On 10 October 2023 the EC organized an event on the SFDR consultation including the impact of the SFDR on the behavior of market participants and the possible creation of product categories. Watch the event recording here and read Commissioner McGuinness’ remarks here.