CFA协会：2024欧洲ESG监管框架调查报告（英文版）（26页）.pdf

1、 2024 CFA Institute.All rights reserved.July 2024SUSTAINABILITYCFA Institute Survey Report on the ESG Regulatory Framework in the EURoberto Silvestri and Josina KamerlingSURVEY REPORTIntroductionThe European Commission Action Plan on Sustainable Finance,announced in 2018,has been one of the main pri

2、orities of the European Commission agenda for the past six years.The plan had the ambitious objective of reorienting capital flows toward a more sustainable economy and,in general,ensuring that the finance sector plays a key role in the achievement of the Paris Agreement goal of limiting global warm

3、ing less than 2 degrees Celsius.Since 2018,the European Union has adopted the Sustainable Finance Disclosure Regulation(SFDR),the Taxonomy Regulation,and the Corporate Sustainability Reporting Directive(CSRD),while the European Securities and Markets Authority(ESMA)has delivered several technical st

4、andards and guidance documents related to the aforementioned pieces of legislation,as well as a report on greenwashing(ESMA 2023).In 2021,CFA Institute conducted a global survey of its members on the latest environmental,social,and governance(ESG)matters(CFA Institute 2021).The questionnaire focused

5、 on the incorporation of ESG factors into investment analysis and decisions as well as the development of sustainability reporting standards for publicly traded companies.The survey results showed that most global investors believe that ESG incorporation should not be mandated by regulators but inst

6、ead should be driven by customers and their investment managers.Furthermore,investment managers should prioritise financial materiality in any decision regarding the integration of ESG issues into their investment performance.CFA Institute Survey Report on the ESG Regulatory Framework in the EUCFA I