ESG regulation

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
Column: Smooth operator
In a challenging fundraising environment, operational leaders must ensure the machine room is running smoothly, writes Dörte Höppner, chief sustainability officer at The Riverside Company

13 December 2022
UNPRI et al. push for biodiversity
150 financial institutions have called on world leaders to adopt Global Biodiversity Framework at COP15

12 December 2022
Edinburgh reforms cement UK financial divergence
The Chancellor of the Exchequer revealed more than 30 regulatory reforms to the UK financial industry to drive competitiveness and growth

12 December 2022
Dealbreaker: ESG standards
To retain investors, a high standard for ESG-related disclosure is becoming crucial

9 December 2022
PRI welcomes sustainability due diligence legislation
Eurosif and the Investor Alliance for Human Rights among consortium supporting EU proposal; which has issued additional recommendations

9 December 2022
CSRD implementation removes GP hurdle
The CSRD has been officially adopted as EU legislation, removing a GP operational burden

5 December 2022
Managers downgrading SFDR fund labels
Continued tightening of the SFDR has seen several funds move from Article 9 to Article 8

1 December 2022
ESG-related terms: a new circle of confusion
ESMA’s consultation on ESG-related terms risks adding more uncertainty to an already fragmented legal framework

1 December 2022
PRI launches human rights initiative
Consortium includes 220 investors with a combined $30trn AuM

25 November 2022
Industry alliance calls on PE to support climate change objectives
Consortium requests GPs align their investments with 1.5c pathway and address climate change across all business activities

23 November 2022
Investing in new tech is major challenge for GPs
According to a new report from Aztec, 83% of alternative investors are struggling with bringing new technologies into their firms

17 November 2022
GP policies under increasing LP scrutiny, says EY
Higher levels of LP scrutiny are arising over risk management, talent retention schemes and ESG policy development across GP firms, according to an EY survey

11 November 2022
ESG Enterprise launches digital sustainability solution
The ESG-as-a-service API library aims to help firms move towards their sustainability goals

4 November 2022
MJ Hudson expands ESG & Sustainability business to Spain
The company has incorporated a Spanish ESG consulting firm in its development overseas

3 November 2022
Profile: Bettina Denis, Revaia
The head of sustainability is passionate about ESG being a symbiotic effort of a GP and its portfolio companies

1 November 2022
Broadridge launches SFDR reporting solution
The end-to-end tool aims at supporting asset managers with SFDR-required disclosures

27 October 2022
IPEV board opens consultation
GP feedback requested on the association’s latest draft amendments to valuation guidelines

27 October 2022
FCA takes stance on greenwashing
Our in-depth analysis of the regulator’s consultation paper unveils increasing complexity of fund categorisation and disclosures coming to private equity

24 October 2022
ESG highest regulatory concern
KPMG’s ‘Regulatory Barometer’ has identified the maintenance of financial resilience and regulation of digital finance as second biggest concerns

20 October 2022
Column: Tricky maths
Dörte Höppner, chief sustainability officer at the Riverside Company, explores the complexities of collecting ESG data

5 October 2022
IPEM 2022: “We need to act with intentionality”
Johnny El Hachem, CEO, Edmond De Rothschild Private Equity, discusses the origins of their conviction investment approach