Over the past 12-18 months, green and sustainability-linked financing has been one of the main topics of conversation between market participants. David O’Mahony, a partner at the finance and capital markets department at“Huge strides have been made in terms of approach, knowledge and expertise over this period.
This regulation introduces transparency into fund claims. If a company is not ESG-compliant , they actually need to state this fact on their website and in other documents. Jason Poonoosamy, deputy chief executive officer at Waystone: “The sustainable finance disclosure regulation or FDR, aims to make more transparent and consistent the disclosures that investment managers or product manufacturers are making about themselves and their products.”
These regulations are important to provide clarity on what constitutes ESG-compliant finance and also to avoid possible greenwashing, where companies may overhype or mislead investors on their sustainable governance.
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