ESG Summit Europe’s Post

🌍 As the European Securities and Markets Authority (ESMA)'s new ESG rules are set to take effect in November, the fund industry is raising red flags. 💡 Read more: https://bit.ly/3ZxjKAE While the rules aim to prevent greenwashing and ensure transparency, issues like vague definitions, potential market fragmentation, and the impact on foreign indices are causing concern.

Trend 4 of 10: The regulatory impetus around increased ESG disclosure and regulation remains strong. In the U.S., the SEC is reluctant to cede the regulatory framework entirely to EU rulemaking while in the EU, the European Commission and ESMA continue to advance ESG-focused regulation and requirements. In Latin America, multiple countries are seeking to regulate the region’s carbon markets and in Asia Pacific, reporting requirements and regulations around ESG factors are being enhanced. Read more of Kroll’s top 10 trends for 2024 here: http://ms.spr.ly/6040cKCru

The European Securities and Markets Authority (ESMA) has released translations of its Guidelines on the use of ESG or sustainability-related terms in fund names into all official EU languages. Read more: https://lnkd.in/gEEPwQwd European Union European Commission #ESGFunds #ESGReporting #SustainabilityReporting #EUDirectives

The regulatory impetus around increased ESG disclosure and regulation remains strong. In the U.S., the SEC is reluctant to cede the regulatory framework entirely to EU rulemaking while in the EU, the European Commission and ESMA continue to advance ESG-focused regulation and requirements. In Latin America, multiple countries are seeking to regulate the region’s carbon markets and in Asia Pacific, reporting requirements and regulations around ESG factors are being enhanced. Interested in reading more of Kroll’s top trends for 2024? Explore here: http://ms.spr.ly/6043cMSrB

NEW RESEARCH recommends policymakers in the UK, EU, and US to enhance ESG fund classification systems - focusing on three observable features to improve consistency and clarity issues with current frameworks such as unclear definitions and incomplete structures. Read How to Build a Better ESG Classification System to learn more: https://lnkd.in/exuuv853

EU regs to ensure sustainable funds are fit for purpose. Bloomberg. Last December, the European Securities and Markets Authority (ESMA) proposed changes and updated the timeline for its guidelines on ESG and sustainability-related terms in fund names. 🔗 Read the full article on Investment IQ: https://lnkd.in/eDq_vsPC #investing #assetmanagement #wealthmanagement #finance

The regulatory impetus around increased ESG disclosure and regulation remains strong. In the U.S., the SEC is reluctant to cede the regulatory framework entirely to EU rulemaking while in the EU, the European Commission and ESMA continue to advance ESG-focused regulation and requirements. In Latin America, multiple countries are seeking to regulate the region’s carbon markets and in Asia Pacific, reporting requirements and regulations around ESG factors are being enhanced. Interested in reading more of Kroll’s top trends for 2024? Explore here: http://ms.spr.ly/6040cGuSs

The regulatory impetus around increased ESG disclosure and regulation remains strong. In the U.S., the SEC is reluctant to cede the regulatory framework entirely to EU rulemaking while in the EU, the European Commission and ESMA continue to advance ESG-focused regulation and requirements. In Latin America, multiple countries are seeking to regulate the region’s carbon markets and in Asia Pacific, reporting requirements and regulations around ESG factors are being enhanced. Interested in reading more of Kroll’s top trends for 2024? Explore here: http://ms.spr.ly/6040cGI5q

The regulatory impetus around increased ESG disclosure and regulation remains strong. In the U.S., the SEC is reluctant to cede the regulatory framework entirely to EU rulemaking while in the EU, the European Commission and ESMA continue to advance ESG-focused regulation and requirements. In Latin America, multiple countries are seeking to regulate the region’s carbon markets and in Asia Pacific, reporting requirements and regulations around ESG factors are being enhanced. Interested in reading more of Kroll’s top trends for 2024? Explore here: http://ms.spr.ly/6042crZTq

**European Securities and Markets Authority (ESMA) publishes Guidelines on establishing harmonised criteria for use of ESG and sustainability-related terms in Fund names** On 14 May 2024, the European Securities and Markets Authority (ESMA) published its final report on “Guidelines on funds’ names using ESG or sustainability-related terms”. The Guidelines aim to provide fund managers with clear and measurable criteria to assess their ability to use ESG and/or sustainability-related terms in fund names, thereby ensuring that investors are protected against associated greenwashing risk. Marcel Hörauf, Peter Pears, Patrick Scholl, James S Taylor, Tim Baines, Musonda Chibwe Kapotwe and I discuss the Guidelines in our latest 'Eye on ESG' blog post. Read more at: https://lnkd.in/evJGS_VX #esg #funds #greenwashing #guidance #eu