EFAMA calls for consistency in EU sustainable finance regime

The European Fund and Asset Management Association (EFAMA) has urged the European Commission to provide for a transitional period in the first year of the taxonomy's application to some key financial undertakings, in its response to the joint European Supervisory Authorities (ESAs) consultation on taxonomy-related sustainability disclosures in the Sustainable Finance Disclosure Regulation (SFDR). EFAMA said there was a need for full consistency between taxonomy alignment metrics used by financial undertakings for taxonomy-related disclosures in SFDR, the Article 8 Taxonomy Delegated Act ...