European Supervisory Authorities also propose two fund label categories for revised SFDR.
German government’s sustainable finance advisory group and France’s IFD publish joint statement on SFDR's future while ESAs' opinion is imminent.
Federal Council set to review revised industry rules in coming months to inform plans for tackling greenwashing.
Half of respondents to consultation want new category system, but Brussels says views are still divided.
man shoving spanner in cogs
EU authorities should focus on setting minimum standards when making changes to disclosure rules, says French investor’s ESG research head.
Morningstar warns that asset versus portfolio improvement approach means alignment for passive PAB and CTB funds will prove challenging.
Regulator proposes 'non-financial filters' label with SRI criteria as other national supervisors back introduction of new category system.
Most investors back introducing label system but split over UK-style versus Article 8 and 9 basis as full results released.
Separately, PwC study finds only one in five management companies in scope issued a public PAI statement last year.
The firm also warned against the rise of 'orphaned emissions' which are excluded from company tallies.

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