Registration link: https://ogier.zoom.us/webinar/register/WN_PNcmp-JrSDmk4gVDkMaS9g
On 11 December 2019, the European Commission presented the European Green Deal, a growth strategy aiming to make Europe the first climate neutral continent by 2050. [Reaching the current 2030 climate and energy targets alone would already require additional investments of approximately €260 billion a year by 2030.*
According to the European Union (EU), the financial sector has a key role to play in reaching the above goals. It can
"re-orient investments towards more sustainable technologies and businesses"
finance growth in a sustainable manner over the long-term
contribute to the creation of a "low-carbon, climate resilient and circular economy".
Sustainable finance generally refers to the process of taking due account of environmental, social and governance (ESG) considerations when making investment decisions in the financial sector, leading to increased longer-term investments into sustainable economic activities and projects. The EU has passed two significant ESG-related regulations – Sustainable Finance Disclosure Regulations (SFDR) and the Taxonomy regulation.
SFDR has a phased implementation timetable with initial obligations which came into force on 10 March 2021 and the EU Taxonomy Regulation comes into force in January 2022. Although SFDR is geared towards the financial sector, it will also have an impact on the companies in the real economy. The companies, which have been disclosing under the EU’s Non-Financial Reporting Directive (applies to European listed and large public-interest companies with more than 500 employees) will also have to comply with the Taxonomy Regulation.
Given this complex but increasingly important Sustainable Finance and ESG landscape, Top Tier Impact Strategies (TTIS) has partnered with Ogier to shed light on these pertinent issues and to demystify some of the complexities via a webinar on Wednesday 28th April 2021 at 4pm (BST).
The webinar will focus on answering some of the key topics below:
What is EU’s high-level sustainable finance strategy?
What is SFDR and why has it been introduced?
SFDR – Entity Level and Product Level requirements (Sustainability risks, PAI, DNSH etc.)
Differences and commonalities between SFDR, NFRD and EU Taxonomy Regulation (with a focus on the double materiality concept and the principle of Do no significant harm (DNSH))
How would SFDR impact EU based financial market participants?
How would SFDR impact non-EU based ESG/Impact funds?
How would SFDR impact on the real economy actors i.e. governance of investee companies etc.
You can register through the link below:
https://ogier.zoom.us/webinar/register/WN_PNcmp-JrSDmk4gVDkMaS9g
*Source: https://ec.europa.eu/info/business-economy-euro/banking-and-finance/sustainable-finance/overview-sustainable-finance_en