On 14 September, the European Commission published its much-anticipated public consultation on the Sustainable Finance Disclosure Regulation (SFDR), one of the key pillars of the European sustainable finance framework. Containing more than 95 questions, the consultation has been presented in two parts: a public consultation; and a more detailed targeted consultation of stakeholders familiar with SFDR implementation. Alongside the consultation, round tables and workshops will be held during the consultation period to facilitate discussion. The consultation closes on 15 December 2023 and the Commission is expected to issue its report in Q2 2024.
The consultation is extensive, covering a range of topics, and is intended to assist the Commission in understanding the issues that have arisen during SFDR implementation, as well as potential improvements.