🌍 present a common high-level understanding of applicable to market participants across their respective remits – banking, insurance and pensions and financial markets → europa.eu/!H4f8xC.

@EU_Finance @McGuinnessEU @DanielFerrie

🐦🔗: n.respublicae.eu/ESMAComms/sta

🌍 ESMA is contributing to ensuring that the finance of the future is sustainable.

Addressing is one of our priorities as reflected in Roadmap and .

@EU_Finance @EFRAG_Org @Eurosif @UNEP_FI

📽️ Our work: youtu.be/rGMqyYn6qp4

🐦🔗: n.respublicae.eu/ESMAComms/sta

🌍 Progress Reports on 👉 europa.eu/!H4f8xC

🌱 Sustainability-related misleading claims
🧲 can occur and spread either
🎯 intentionally/unintentionally
🔗 and in relation to entities and products
🌐 that are either within/outside t/ remit of 🇪🇺 framework

🐦🔗: n.respublicae.eu/ESMAComms/sta

Follow

ESMA Progress Report on aims to:

🌱 support a better understanding of the phenomenon by market participants and supervisors
🌱 assess which areas of the sustainable investment value chain are more exposed to greenwashing risk

europa.eu/!3qvwkP

@EU_Finance

🐦🔗: n.respublicae.eu/ESMAComms/sta

· · mirror-bot · 1 · 0 · 0

's assessment shows that:

🌱 misleading claims may relate to all key aspects of the sustainability profile of a product/entity
🌱 address cherry-picking, omission, ambiguity, empty claims, misleading use of terminology (naming and irrelevance)

europa.eu/!3qvwkP

🐦🔗: n.respublicae.eu/ESMAComms/sta

ESMA Report : remediation actions

🌱 market participants 👉 to make substantiated claims
🌱 comprehensibility of sustainability disclosures to retail investors 👉 to be improved
🌱 establish labelling scheme
🌱 reinforce regulatory framework

europa.eu/!3qvwkP

🐦🔗: n.respublicae.eu/ESMAComms/sta

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