🌍 1/4 @EU_Commission responded to ❓ submitted in September 2022.

Clarifications on provisions
🌱 definition of ‘sustainable investment’
🌱 transition plans
🌱 carbon emissions reductions
🌱 principal adverse impacts

europa.eu/!JrwpDr
europa.eu/!Dr3rhF

🐦🔗: n.respublicae.eu/ESMAComms/sta

🌍 2/4 Not all financial products passively tracking Paris Aligned and Climate Transition Benchmarks fall under Article 9 (3) → no detailed explanation of how the continued effort of attaining the objective of reducing carbon emissions is ensured.

europa.eu/!MhjppH

🐦🔗: n.respublicae.eu/ESMAComms/sta

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🌍 3/4 A product disclosure under Article 8 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.

europa.eu/!MhjppH

🐦🔗: n.respublicae.eu/ESMAComms/sta

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🌍 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.

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🐦🔗: n.respublicae.eu/ESMAComms/sta

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