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September 14, 2023

EU moots replacing Articles 8 and 9 status with product categories

Flags outside European Commission building
The European Commission fears the labelling regime might facilitate greenwashing and that the increase of national labels could fragment the EU market (Photo: Francois Walschaerts:AFP via Getty Images)

The European Commission is consulting over whether to replace the regime created by its SFDR framework with ‘more precise’ categories The European Commission is reviewing its Sustainable Finance Disclosure Regulation through a new consultation, and is considering creating new categories for financial products amid concerns over greenwashing. The SFDR sets disclosure...

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