On February 2nd ESG Playbook hosted a Webinar discussion on SFDR and its impact on Asset Managers and Financial Advisors with guest speaker, Murat Bozdemirand, Head of ESG & Sustainability Data Product Solutions at BLOOMBERG®.

It’s been more than 18 months since the EU introduced SFDR, requiring for the first time that in-scope Financial Market Participants provide information about their investments’ environmental, social, and governance risks at both entity and product level.

With the SFDR product Level 2 reporting requirements becoming effective January 1, 2023, the pressure is increasing on fund managers to meet the product pre-contractual and recurring disclosure data needs. For instance, Sustainability Risks and a Principal Adverse Impacts (PAI) statement will be due June 30, 2023.

During the session, we broke down what the SFDR entails, and who needs to report and highlight a case study on how to report.

• An explanation of SFDR
• Who does the SFDR apply to?
• Reporting deadlines and requirements
• How data vendors and technology can help with PAI reporting
• Data quality and lack of data for private companies
• Methodology for collecting data and estimates versus actual
• Questions and Answers