The ESAs propose adding new social indicators and streamlining the framework for the disclosure of principal adverse impacts of investment decisions on the environment and society.
The ESAs also suggest new product disclosures regarding “greenhouse gas emissions reduction” targets.
Additionally, the ESAs propose further technical revisions to the SFDR Delegated Regulation:
- Improvements to the disclosures on how sustainable investments “Do No Significant Harm” (DNSH) to the environment and society;
- Simplification of the pre-contractual and periodic disclosure templates for financial products; and
- Other technical adjustments concerning, among others, the treatment of derivatives, the calculation of sustainable investments, and provisions for financial products with underlying investment options.
