European Union ESG Content

This memorandum catalogues significant ESG related developments that have occurred since August 22, 2023. It references ICI memoranda that provide a more fulsome description of each matter. You can find all of these memoranda on our website in our ESG Resource Center.

ICI Global submitted the attached response to the European Commission's targeted consultation on the implementation of the Sustainable Finance Disclosures Regulation (SFDR).

ICI Global submitted the attached response to the consultation launched by the ESG Data and Ratings Working Group (DRWG),convened by the UK Financial Conduct Authority (FCA), on a draft voluntary code of conduct for ESG ratings and data providers. The voluntary code of conduct will be...

On June 13, 2023, the European Commission published a proposal for a regulation on ESG ratings providers ("Proposal") as part of a new sustainable finance package. The Proposal will now go through the ordinary legislative procedure whereby the European Parliament and Council will...

On 1 June 2023, the European Supervisory Authorities (ESAs) published their progress reports on the monitoring and supervision of greenwashing, in which they put forward a common definition of greenwashing applicable to market participants across their respective remits – financial...

On April 12, 2023, the European Supervisory Authorities (ESAs) released a consultation paper seeking feedback on amendments to the Regulatory Technical Standards (RTS) under the Sustainable Finance Disclosure Regulation (SFDR). The consultation is in response to a mandate from the...