Sustainability

The fund industry plays a key role on the road to greater sustainability. It can become even more important, but the right course must be set.

The EU is currently developing rules for sustainable investment. Through guiding capital flows, it aims to support sustainable economic sectors and production processes. The EU's goal is a climate neutral economy by 2050. The fund industry, as an important financial intermediary, thus has a key role to play and is happy to play it. As early as 2012, the German fund association BVI introduced 'Guidelines for Responsible Investing'.

However, to help the EU meet its ambitious climate change target, asset managers need to obtain the relevant data from companies for their stock selection, preferably from all companies worldwide. What asset managers do not need are rigid guidelines that mean that investors are no longer free to decide what they want to invest in. This would prevent an intensive debate on the sustainability of the companies in which investments are to be made and would replace it with a regulatory box ticking exercise. Ultimately, this would mean that the transition to more sustainable investments would not be dynamic and lose momentum.

News

Sustainability

15/6/2020

BVI’s five key requests regarding non-financial corporate reporting

A revised EU framework for non-financial reporting is key to achieving the objectives of the EU sustainable finance initiatives. In near future, asset...

Sustainability

22/4/2020

EU Taxonomy: BVI calls for coordinated reporting deadlines

In a recent statement to the EU Commission, the German fund association BVI pleads for a better coordination of the disclosure requirements for...

Sustainability

26/3/2020

'Sustainability is the biggest regulatory project of the coming years'

Magdalena Kuper, vice president legal, about the EU action plan, taxonomy and timetable of sustainability regulation.

Positions

Nachhaltigkeit

20/4/2020

BVI’s suggestions for the Commission Delegated Regulation on a climate change mitigation and adaptation taxonomy Response to the EU consultation on the inception impact assessment

Sustainability

News

BVI’s five key requests regarding non-financial corporate reporting

EU Taxonomy: BVI calls for coordinated reporting deadlines

'Sustainability is the biggest regulatory project of the coming years'

Positions

BVI's positions from A-Z