A-B-E-G-L-N. How adding six letters to SFDR can make it ‘work’.
We’ve just celebrated the first birthday of the Sustainable Finance Disclosure Regulation (SFDR), and we can observe that few things ‘ESG’ have been the recipient of so much praise, time, effort, attention, and money as the SFDR – and this in just one year. SFDR has been heralded by ESG enthusiasts as a key tool to direct capital towards sustainability objectives, most notably the Paris Agreement and the Sustainable Development Goals (SDGs).