ESG: EU regulation on sustainability for the financial sector is coming!
Disclosure obligation already since 10.03.2021 - Final regulation comes into force on 01.01.2022!
With the EU Disclosure Regulation (SFDR), the reporting of sustainability (ESG) criteria has already been mandatory for the financial sector since 10 March 2021.
Asset managers, fund managers and insurers have to disclose the so-called ESG criteria (Environmental, Social and Governance) at company and product level on the website, in sales prospectuses and in the annual report since 10 March 2021 in order to make the sustainability of investments more transparent in accordance with the requirements of the European Commission. The technical regulatory standards with the detailed requirements will come into force on 01.01.2022.
With its products CS Research, CS Legal and CS QuantEngine, Content Software supports several client groups that are affected by the EU disclosure regulation.
Users of CS Research already benefit from the options for managing, presenting and evaluating ESG key figures and ratings. By simply adding them to the existing financial model, they can be mapped and used in all research publications. In addition, distribution can be controlled on the basis of ESG ratings. The rating can be done by the analyst or automatically obtained from data providers.
Due to the flexibility offered and the principle of CS Legal "One system for all documents", the provision of ESG information in the mandatory documents is no problem and easy to carry out. In combination with CS QuantEngine, the ESG key figures of a financial instrument can also be calculated in relation to the benchmark.
Do you have any further questions about the ESG criteria? We are happy to answer all your questions here.