The European Union’s Sustainable Finance Disclosure Regulation (SFDR) imposes uniform reporting requirements for sustainability criteria. With the first stage of the regulation, which came into force on March 10, the ESG strategy, characteristics and calculation methods must be demonstrably collected and the principal adverse impacts (PAIs) must be disclosed on the websites and in the sales prospectus.
The industry standard for data exchange will be the European ESG Template (EET). The final version of the format, which comprises around 700 fields, is expected to be available by June 2022; both for disclosing pre-contractual SFDR information and for meeting extended MiFID requirements.
Although the complete effective date of Level 2 has been postponed to January 1, 2023, the first SFDR reference period will start on January 1, 2022.
We therefore strongly recommend adapting your own reporting processes to the new requirements early on – ideally with a holistic, automated data management and reporting solution.
The acarda platform allows you to automate the entire process: Collect all ESG metrics for the instruments in your portfolios at product as well as entity level according to regulation. Classify your portfolios with pre-definable rules according to Articles 8 and 9, and thus ensure that the Principal Adverse Impacts (PAI) as well as the ratings of your portfolios are correctly reported. You always have an overview of all key figures and processes via the comprehensive acarda dashboard. to represent.
You can also automatically create pre-contractual and annual reports, update your websites and integrate other systems that need to access aggregated sustainability key figures. The acarda ESG/SFDR module delivers the new fields of MiFID II EMTs, PRIIPs EPTs, Solvency II TPTs and the future ESG-EET exchange format and distributes the data to all desired platforms.
ESG strategy, data and methods
Collection and measurement
Documents and websites
The services in detail: