🌍 1/4 @EU_Commission responded to #ESAs ❓ submitted in September 2022.
Clarifications on #SFDR provisions
🌱 definition of ‘sustainable investment’
🌱 transition plans
🌱 carbon emissions reductions
🌱 principal adverse impacts
https://europa.eu/!JrwpDr
https://europa.eu/!Dr3rhF
🐦🔗: https://n.respublicae.eu/ESMAComms/status/1646811346959314947
🌍 3/4 A product disclosure under Article 8 #SFDR does not limit the characteristics that can be promoted by a financial product. Any information disclosed should not mislead investors into thinking that this aspect is part of the product’s objective.
🐦🔗: https://n.respublicae.eu/ESMAComms/status/1646811353401683968
🌍 4/4 ‘Considering’ principal adverse impacts means not only providing a description of the adverse impacts, but also describing the procedures put in place to mitigate those impacts.
https://europa.eu/!MhjppH
🐦🔗: https://n.respublicae.eu/ESMAComms/status/1646811354940993539