ESG regulation | The DRAWDºWN

26 September 2023

FCA and PRA propose D&I reporting measures

The consultation papers aim to introduce frameworks to measure D&I objectives

21 September 2023

EU to sharpen ban on greenwashing

Predominantly aimed at consumers, some rules of new directive could target funds’ marketing communications

21 September 2023

In conversation: The real cost of ESG

With a spate of new rules hitting the industry, alongside increasing LP demands, how much does it actually cost to be ESG compliant and how can these efforts be more than just a cost centre?

15 September 2023

European Commission opens SFDR consultation

Regulator aims to address shortcomings of legal certainty, usability and potential to counter greenwashing

6 September 2023

EFAMA calls for more transparency in ESG ratings framework

The organisation says the European Commission must bring ESG data providers within the regulatory perimeter

15 August 2023

Searching for harmony

The Riverside Company's Dörte Höppner assesses the competing ESG standards impacting PE and how they could be more in tune with each other

7 August 2023

Comment: Avoiding the tripwires

Pinsent Masons partner Mark Shaw details how to avoid regulatory issues when distributing non-EU funds within the EU

1 August 2023

EFRAG to develop sustainability reporting standards

Association to establish voluntary sustainability reporting standards for SMEs outside of the CSRD’s scope

26 July 2023

Quality control

CDP’s latest report analyses how a unified global regulatory approach can foster better ESG ratings and data products

11 July 2023

Unpacking the EU Commission’s sustainable finance package

Concerns about complexity remain as bloc aligns legislation on sustainable investments and looks to regulate ESG ratings providers

6 July 2023

Comment: Baby don’t harm me

Patricia Volhard (partner) and John Young (international counsel) at Debevoise & Plimpton say the concept of ‘do no significant harm' in the SFDR is becoming clearer

6 July 2023

Raising the (global) standard

What impact are the ISSB’s disclosure standards expected to have on global sustainability reporting requirements?

22 June 2023

Comment: Preparing for regulatory changes in 2023

Ros Clark, regulatory risk assistant director, NatWest Trustee & Depositary Services details the upcoming regulatory changes financial services firms need to prepare for in 2023.

15 June 2023

FAP converts debt fund from Article 6 to Article 9

Germany-based fund manager has successfully converted its real estate fund from Article 6 to Article 9.

14 June 2023

European Commission updates sustainable finance framework

The Commission has proposed the requirement to regulate ESG ratings providers under ESMA

8 June 2023

The Drawdown Awards 2023: Winners announced

Congratulations to all of the winners of The Drawdown Awards 2023

22 May 2023

Comment: Does SFDR encourage greenwashing?

Pinsent Masons financial services partner Mark Shaw asks the awkward question

24 April 2023

European Commission provides SFDR closure

The latest SFDR update elicits a sigh of relief from GPs as responses to ESAs’ questions are published

13 April 2023

The neverending SFDR story

EU’s supervisory authorities look to broaden SFDR disclosure requirements

31 March 2023

Climate vs competition: A balancing act

In relatively new territory, GPs must juggle climate-based agreements with competition law risks

29 March 2023

FCA updates on SDR consultation

Final policy statement to come in Q3 2023 due to significant amount of responses

24 March 2023

Mean green litigation machine

ESG jurisprudence continues to develop as BNP Paribas first private player to be hit with lawsuit

17 March 2023

CSSF updates SFDR FAQ

Luxembourg regulator adds three new questions to help clarify SFDR

16 March 2023

Profile: Fabio Ranghino, Ambienta

Fabio Ranghino, head of sustainability, shares his thoughts on how financial value can be aligned with impact investing

13 March 2023

ESLitiGation

As regulators gear up for ESG enforcement action, private litigation is revving its engines, ready to hit the streets

9 March 2023

Column: In defence of SFDR

Dörte Höppner, chief sustainability officer at The Riverside Company, urges the industry to embrace rules designed to combat greenwashing and encourage ESG investment

2 March 2023

Comment: Climate-related risks and opportunities – what does PE need to know?

Simon Weaver, partner and co-lead, climate risk and strategy at KPMG in the UK, offers industry-specific guidance to private equity firms following the recommendations of the Taskforce on Climate-Related Financial Disclosures

20 February 2023

FCA addresses sustainability regulations ‘alphabet soup’

Regulator requests feedback on sustainability-related governance to help reform industry obligations

17 February 2023

Katten launches ESG risk and investigations practice

India D Williams joins firm as practice co-chair with partner Johnjerica Hodge

15 February 2023

AMF calls for more stringent SFDR regulations

French financial watchdog proposes the introduction of minimal environmental requirements

10 February 2023

Firms’ operations a concern for FCA

Financial watchdog’s recent ‘Dear CEO’ letter holds a lens up to firms’ operational and financial resilience alongside ESG

10 February 2023

UK - Same same but different

The UK's similarly named SDR is akin to the EU's SFDR, but it's best to contrast rather than compare

9 February 2023

Germany - Wait and see

The regulator’s focus on Article 8 funds and failure to address real concerns leaves the industry frozen

8 February 2023

France - Layers and labels

The regulator requires additional disclosures not required by other Member States

7 February 2023

Ireland - Our survey says…

The regulator has taken a pragmatic, survey-informed approach

6 February 2023

SFDRRRGGHHH!!!

European member states are interpreting and applying incoming esg disclosure rules differently, creating even more confusion and frustration for managers

16 January 2023

A question of intent

EFAMA responds to ESA’s consultation on greenwashing, distinguishing between misleading with intent and regulatory uncertainty

9 January 2023

Regulatory roadmap 2023

ESG is set to be the biggest bump in the regulatory roadmap for 2023, along with AIFMD and AML reforms in tow

9 January 2023

Capital raising punishment: Marketing madness

Compliance and legal obligations for raising a fund have been building steadily in recent years. But given the sudden tightening of the fundraising market, the myriad rules managers must navigate have made capital raising a punishingly cruel exercise.

5 January 2023