SFDR II – No root and branch reform, please

The Targeted Consultation Document on the Implementation of the Sustainable Finance Disclosures Regulation (“SFDR Consultation”) published on 14 September 2023 engendered an industry and media storm, with commentators referring to “declarations of regulatory bankruptcy” and a number of consultancies and asset managers issuing public statements supporting a business as usual approach, instead of wholesale changes.

As with everything under the SFDR, it can get technical.

As the European authorities finish their analysis of the feedback on the SFDR Consultation, PH ESG sets out its views in this short note.