Eurosif, the European Forum for Sustainable Investment (http://www.eurosif.org), strongly supports the Proposal of the European Commission, for a Regulation making it mandatory for retail investors to be informed about how environmental, social and governance (ESG) concerns are taken into account in their investment, whether in a mutual fund or other investment-linked products. Eurosif believes that this Proposal represents a major milestone in terms of developing sustainability through European financial markets.
The Proposal of 3 July, 2012, is on the Key Information Document (KID) for investment products. It is linked to a wider EU initiative to create a sustainable and satisfactory regulatory environment for the sale and disclosures of retail investment products (Packaged Retail Investment Products or PRIPs).
The UK Sustainable Investment and Finance Association supports Eurosif’s position.
Read the full press release