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.

© iStock.com/Ruslan_Khismatov

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

24/6/2019

BVI on the latest ESG Taxonomy...

The good news is that the expert group does not want to limit the classification system to 100 percent "green" activities, but allows gradations. This...

© NicoEINino / Fotolia

Sustainability

24/5/2018

EU Commission sets the course

The German Investment Funds Association BVI sees the EU Commission's legislative package for the promotion of a sustainable financial system as mainly...

© peshkov / Fotolia

Positions

Sustainability

21/11/2019

Regulierung von Nachhaltigkeit - Grundthesen des BVI

Sustainability

8/11/2019

Key messages by BVI in view of the upcoming trilogues on the EU Taxonomy Regulation

Sustainability

30/10/2019

BVI-Position: BaFin-Merkblatt zum Umgang mit Nachhaltigkeitsrisiken

Sustainability

16/9/2019

Call for feedback on TEG report on EU Taxonomy

Sustainability

4/9/2019

BVI’s call for “Quick Fixing” the dates of application of the Disclosure Regulation

Sustainability

29/7/2019

Survey on collection of evidence on undue short-term pressure from the financial sector on corporations

Sustainability

6/5/2019

JRC Technical Report v1.0 – Draft criteria proposal for the product scope and ecological criteria

Sustainability

3/4/2019

Feedback on the TEG preliminary recommendations for an EU Green Bond Standard

Sustainability

22/2/2019

Feedback on the first round climate mitigation activities

Sustainability

22/2/2019

Feedback on the usability of the taxonomy

Sustainability

19/2/2019

BVI’s response to the ESMA consultation paper on integrating sustainability risks and factors in the UCITS Directive and AIFMD (ESMA34-45-569)

Sustainability

19/2/2019

BVI’s response to the Consultation Paper “On integrating sustainability risks and factors in MiFID II” published by ESMA on 19 December 2018 (ESMA35-43-1210)

Sustainability

30/1/2019

Consultation Paper on Technical Advice on the integration of sustainability risks and factors in the delegated acts under Solvency II and IDD

Sustainability

30/1/2019

BVI-Stellungnahme zum Entwurf des Corporate Governance Kodex 2018/2019

Sustainability

25/1/2019

EU Ecolabel for Financial Products: 1st Stakeholder Questionnaire on the product scope and criteria definition

Sustainability

23/8/2018

European Commission’s Sustainable Finance Initiative – Regulation on disclosures relating to sustainable investments and risks

Sustainability

22/8/2018

European Commission’s Sustainable Finance Initiative – Establishment of a framework to facilitate sustainable investment: Proposal to amend Regulation (EU) 2016/1011 on low carbon benchmarks and positive carbon impact benchmarks

Sustainability

21/6/2018

European Commission’s Sustainable Finance Initiative – MiFID II suitability requirements BVI’s view

Sustainability

22/1/2018

Public consultation on institutional investors and asset managers' duties regarding sustainability

Sustainability

11/12/2017

BVI’s view on responsible investment

Sustainability

5/9/2017

Questionnaire by the High Level Expert Group on sustainable finance interim report

Sustainability

24/3/2016

BVI’s response to the Commisson’s Public consultation on long-term and sustainable investment

BVI's positions from A-Z