EconPapers    
Economics at your fingertips  
 

The Effects of the European Sustainable Finance Disclosure Regulation on SRI Funds: A Comparison at a Global Level

Maria Cristina Quirici () and Gian Luca Giurlani
Additional contact information
Maria Cristina Quirici: University of Pisa
Gian Luca Giurlani: TCW Italy SIM S.p.A

Chapter Chapter 10 in ESG Integration and SRI Strategies in the EU, 2023, pp 195-214 from Palgrave Macmillan

Abstract: Abstract This chapter aims to analyse the main trends that are currently characterising Sustainable Funds in the European Union. The authors document how these funds are reacting to the new European ESG Regulatory Framework, showing how recent actions carried out by the European Institutions—from the EC Action Plan on Financing Sustainable Growth, its subsequent Taxonomy Directive and Sustainable Finance Disclosure Regulation (SFDR) to the EU Green Deal and the Next Generation EU—are changing the existing financial contest into a more sustainable one. The authors argue that all these new ESG regulations represent important steps towards a new European Asset Management Industry, although they point out that a corrective intervention by the Regulator is needed to correct the inconsistency of the definition of sustainable investment and product drafted by SFDR in order to avoid greenwashing.

Date: 2023
References: Add references at CitEc
Citations:

There are no downloads for this item, see the EconPapers FAQ for hints about obtaining it.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:pal:psifcp:978-3-031-36457-0_10

Ordering information: This item can be ordered from
http://www.palgrave.com/9783031364570

DOI: 10.1007/978-3-031-36457-0_10

Access Statistics for this chapter

More chapters in Palgrave Studies in Impact Finance from Palgrave Macmillan
Bibliographic data for series maintained by Sonal Shukla () and Springer Nature Abstracting and Indexing ().

 
Page updated 2025-04-10
Handle: RePEc:pal:psifcp:978-3-031-36457-0_10