SFDR requires European regulated financial services entities to make sustainability-related disclosures in relation to the entity itself and its financial products on websites, in pre-contractual disclosures and in financial statements. The disclosure requirements come into effect in phases. The first phase started on 10 March 2021 and A&L Goodbody advised regulated financial entities in a range of sectors on the requirements applicable to them. SFDR and the EU Taxonomy regulation also combine to introduce further disclosure requirements in relation to the environmental objectives established by the EU Taxonomy.
The Knowledge team at A&L Goodbody continues to monitor and analyse the latest SFDR and EU Taxonomy developments at EU level, as well as the broader European and domestic sustainability agenda, providing support and advice to our regulated financial services clients on sustainability disclosure requirements and what this means for their businesses.