What is this Regulation? Who is in scope? What is it trying to achieve? What are the consequences for us? Listen to our Video designed to explain how SFDR works in practice for Active Asset Managers like Carmignac.
SFDR in few words
Effective since March 2021, SFDR aims to increase the level of transparency of sustainable investments and enables investors to compare financial products based on common criteria.
With this new regulation, asset management companies must now distinguish products promoting environmental and/or social criteria (Article 8) and those with sustainable objectives (Article 9) from other products (Article 6).
We’ve been embarking on a long journey that requires humility, determination and a sense of collective enlightenment to take action. We are ready to take responsibility and our high level of assets under management qualifying as Article 8 and 9 today highlights Carmignac’s clear commitment to sustainable investing with a target of 90% by year end.
- Maxime Carmignac
The Sustainable Finance Disclosure Regulation (SFDR) 2019/2088 is a European regulation that requires asset managers to classify their funds as either 'Article 8' funds, which promote environmental and social characteristics, 'Article 9' funds, which make sustainable investments with measurable objectives, or 'Article 6' funds, which do not necessarily have a sustainability objective. For more information please refer to https://eur-lex.europa.eu/eli/reg/2019/2088/oj.