The timeline of the EU’s regulatory changes regarding ESG investing and sustainable finance encompasses several pivotal developments aimed at bolstering transparency, combating greenwashing, and promoting sustainable investment practices.
The regulatory landscape for ESG investing continues to evolve. In the latter half of 2023 and the first half of 2024, significant milestones include the conclusion of the second reference period and the corresponding deadline for SFDR reporting. Additionally, the financial sector is advocating for the postponement of immediate solutions to the complexities surrounding the labeling and classification of sustainable investment funds. These concerns, alongside others raised by stakeholders, have prompted the EU to initiate a thorough evaluation of the Regulation.