Addressing climate change is a top priority for the European Commission. For the financial services sector this has translated into comprehensive new requirements stemming from Sustainable Finance legislation. However, has the political urgency to promote Sustainable Finance resulted in poorly sequenced or misaligned requirements?
The EU Taxonomy, the Sustainable Finance Disclosure Regulation (SFDR), and the Non-Financial Reporting Directive (NFRD) form the bedrock of Sustainable Finance. Consequently, these separate pieces of legislation are interdependent and often overlap. This renders navigating the requirements they introduce a daunting and often confusing exercise.
In response to this, Hume Brophy has prepared a thorough briefing to provide a valuable guide to navigating a new set of fundamental requirements. View the Navigating Sustainable Finance document.
Please do not hesitate to contact us should you have any questions. Hume Brophy is well placed to offer our insight on the evolving legislative and regulatory agenda on Sustainable Finance and to facilitate engagement with EU policymakers on this important topic.