We've just released our guide to help companies, investors, and fund managers in #emergingmarkets have a better understanding of the Sustainable Finance Disclosure Regulation (SFDR). The SDFR was introduced by the European Commission to improve transparency, reduce #greenwashing and direct capital towards more sustainable investments. Since the EU has various sustainability measures that are interrelated and at different stages of development, it can be difficult to navigate, particularly for fund managers, as they are expected to provide objective, transparent and quantifiable #ESG performance information. To help support our portfolio with understanding how these global regulations apply to them in an emerging economies context, we've released this Guidance Note in collaboration with the Joint Impact Model Foundation, British International Investment, and Akin Gump Strauss Hauer & Feld LLP. Access and download our guide below.
What a client focused and client friendly action! Well done FMO - Dutch entrepreneurial development bank.
Thanks for sharing your views!
Rik Teeuwen
2w
Tendai Matika perhaps this might be insightful for African signatories to the PRI?
Useful tips.
Els Boerhof
2w
Oracle Ningiza Neo Maruatona Ratau Michael Marabini Reineke Knook
Expert, Climate change, Natural Resource Management & Biodiversity
2wWould be interested to know whether EU’s SFDR is required to be followed by fund managers for supporting projects in emerging markets outside EU as well or it has limited applicability within EU only? The EU’s Carbon Removal Certification Framework to reduce greenwashing is complementary to EU legislation dealing with climate-related reporting and claims, such as the Corporate Sustainability reporting Standards and the proposal for a Directive on Green Claims and aims to facilitate and support the achievement of the EU climate targets. It’s geographical scope is perhaps limited to carbon removal activities (i.e. projects) that are being carried out domestically, in the Union territory only and fund managers can not support such projects in emerging markets outside EU. As such EU’s two regulations i.e CRCF and SFDR to reduce greenwashing and direct sustainable finance in emerging markets outside Its territory respectively are in conflict with each other and create confusion in the minds of fund managers. FMO and EU may like to clarify. European Parliament FMO - Dutch entrepreneurial development bank