SFDR has ‘incentivised decarbonisation’ of sustainable funds, says European non-profit

The European Corporate Governance Institute has found Scope 1 emissions from companies held in Article 9 and 8 funds fell 13.7 per cent more than other fund types following the introduction of the SFDR

The EU’s Sustainable Finance Disclosure Regulation has led to a decrease in the average portfolio emissions of Article 8 and 9 funds, says a report published in December by the European Corporate Governance Institute.