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#125 SFDR 2.0: The Main Issues to Watch Before the Final Deal

Transition criteria, remaining gaps and the data investors need. Listen to David Němeček (Frank Bold), Piotr Dmuchowski (PFR TFI), and Pierre Garrault (Eurosif).

SFDR 2.0 aims to make the investor sustainability disclosure rules more credible and effective. Today, some fund names, such as “impact” or “transition”, are not backed by clear methods and data. 

As the EU co-legislators near the endgame, we look at what to expect ahead of the next, possibly final, round of talks.

To explore the proposals currently on the table, Richard Howitt is joined in this episode of Frankly Speaking by David Němeček, Senior Sustainable Finance Expert (Frank Bold), Pierre Garrault, Senior Policy Adviser (Eurosif), and Piotr Dmuchowski, CEO and CIO (PFR TFI, Polish National Investment Fund).

You’ll hear more about:

  • Which sensitive points remain open and where compromise may land on the three new categories (ESG basics, Transition and Sustainable)
  • Why the introduction of a “Transition” category is both warmly welcomed and controversial, and why and why fossil fuel criteria are the sticking point
  • Whether CSRD and SFDR are consistent enough to avoid data shortfalls for investors after the omnibus
  • How negotiators could close loopholes and gaps, such as opt-outs for professional investors and the non-categorised products
  • Why PAI indicators and the social dimension are still contested, and what level 2 could settle
  • Whether the reform can close the gap between the sustainable finance we have and what we need, by turning Europe’s savings into transition investment.

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