Back to overview

Commission Delegated Directive (EU) amending Directive 2010/43/EU as regards the sustainability risks and sustainability factors to be taken into account for Undertakings for Collective Investment in Transferable Securities (UCITS)

}

Summary

This Directive clarifies the current obligation of undertakings for collective investment in transferable securities (UCITS) to integrate sustainability risks. The clarification does not introduce ranking amongst different risks. This Directive also clarifies some of implications of Regulation on sustainability-related disclosures in the financial services sector, namely where management companies of UCITS disclose information with regard to the consideration of adverse sustainability impacts.

Issuer

EU

Year

2021

Region

International

Issuer (type)

European Commission (Regional)

Instrument type

Directive

Disclosure instrument

Yes

Geographical scope

Regional

Mandatory or voluntary

Mandatory

Text analysis

    • Low 2.3%
    • Low 0.00%
    • E focus: climate change, greenhouse gas, resource use, sustainable finance, emissions
    • G focus: risk management
    • Finance, Management