EU Intro copy
The EU Sustainable Finance package aims to support the transition to a low-carbon, more resource-efficient and sustainable economy. MSCI is actively involved in, and providing its expertise to, several EU expert committees. To learn more about the package and MSCI’s involvement, download our Sustainable Finance FAQ. To receive details of news and events, sign-up to our sustainable finance newsletter.
- MSCI has been a member of the EU Commission’s 35 member Technical Expert Group and focused on requirements for the EU climate benchmarks and ESG benchmarks disclosures in the TEG Final Report in September 2019. The TEG expired in September 2020
- MSCI is supporting the Ad-hoc Working Group for the EU Ecolabel which is helping to define the standards for an EU Ecolabel for financial services
- MSCI is a member of the EFRAG’s European Lab Project Task Force which is helping to define enhancements to the EU Non-Financial Reporting Directive (NFRD)
EU Sustainable Finance Package Proposals
MSCI and MSCI ESG Research have been actively monitoring, engaging and complying with the legislative proposals outlined in the EU’s sustainable finance action plan.
In February 2021, the European Supervisory Authorities (ESAs) announced their final report on draft regulatory technical standards for sustainability-related disclosures for the financial service industry. MSCI supports the ESAs’ approach in considering industry feedback from the consultation on the draft technical standards. With more certainty, the industry can take significant steps forward in terms of addressing the disclosure requirements. MSCI also supports the aims of the Commission and ESAs’ aim of driving capital towards more sustainable investments, and we are committed to providing solutions that underpin our mission to help the world’s investors meet their ESG and climate disclosure and reporting requirements. MSCI ESG Research introduced its EU Sustainable Finance Module in February 2021 to help our clients align and comply with these requirements. To receive details of our forthcoming announcement, sign up to the MSCI Sustainable Finance newsletter, or to learn more about the module, please contact ESG Client Service.
EU Sustainable Finance Related cards
As of June 30, 2022; This information is provided “as is” and does not constitute legal or investment advice or any binding interpretation, and presents one potential approach to defining “sustainable investment” under the EU’s SFDR. Any approach to comply with legal, regulatory or policy initiatives should be discussed with your own legal counsel and/or the relevant competent authority, as needed..
MSCI’s Sustainable Investment (SI) metric, MSCI ESG Research’s Fund Ratings, research and data are produced by MSCI ESG Research LLC, a subsidiary of MSCI Inc. MSCI ESG Indexes, Analytics and Real Estate are products of MSCI Inc. that utilize information from MSCI ESG Research LLC. MSCI Indexes are administered by MSCI Limited (UK).