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The increasing interest in sustainable investing is reflected in the regulatory framework surrounding sustainability reporting. The Sustainable Finance Disclosure Regulation (SFDR) entered into force on March 10, 2021, and includes new obligations for European financial market participants regarding environmental, social, and governance (ESG) pillars.
The regulation aims to provide more transparency in terms of environmental and social responsibility within the financial markets, notably through the provision of information on the sustainability of financial products. The SFDR requires financial players to enrich their investment policy, which must specify how sustainability risks are integrated into investment processes. Furthermore, they will now have to declare the...
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