ESMA promotes clarity in claims on impact and transition
AI summary of the source article
The European Securities and Markets Authority published two thematic notes regarding impact and climate transition claims in sustainable finance. The notes provide practical guidance for non-regulatory communications to support clear and fair disclosures.
Why it matters
They aim to ensure communications are clear, fair and not misleading and hence reducing the risk of greenwashing .
Key facts
- ESMA released two thematic notes addressing positive impact claims and climate transition claims across funds, bonds, and benchmarks.
- The publications offer practical do's and don'ts based on observed market practices to support clear, fair, and not misleading communication.
- The notes do not introduce new regulatory requirements or prescribe specific ambition levels under the SFDR review.
Source excerpt · ESMA
ESMA promotes clarity in claims on impact and transition 12 October 2026 Sustainable finance The European Securities and Markets Authority (ESMA), the EU’s financial markets regulator and supervisor, has published two additional thematic notes on sustainability-related claims. Impact claims This thematic note examines positive impact claims made through funds and bonds. Market participants underst…