ICMA publishes an update on the EU sustainability disclosure regime
22 September 2021 New and amended EU legislation is introducing significant sustainability and ESG related disclosure requirements that are impacting all participants in the European capital markets. This publication provides a summary of these various requirements, how they interact with each other and most importantly what they mean for ICMA’s constituencies such as issuers and investors.
The paper aims to give a comprehensive and practical overview, covering the following regulations:
- The Taxonomy Regulation, article 8 reporting obligations and – including the delegated act adopted on 6 July 2021
- The Sustainable Finance Disclosure Regulation (SFDR) and the Regulatory Technical Standards (RTS).
- The Non-financial Reporting Directive (NFRD) and proposed Corporate Sustainability Reporting Directive (CSRD)
- The Low Carbon Benchmark Regulation.
- Credit Rating Regulation