On February 20, 2023, ISDA responded to the European Securities and Markets Authority (ESMA) consultation on proposed guidelines on funds’ names using environmental, social and governance (ESG) or sustainability-related terms. In the response, ISDA highlights that a common cross-industry methodology for the calculation of the minimum proportions of sustainable investments for derivatives transactions is paramount to maintain ESMA’s goal of promoting standardized disclosures, and requests that ESMA gives the industry sufficient time to form a consensus on the calculation thresholds for derivatives.
Click on the attached PDF to read the full response.
Documents (1) for ISDA Response to ESMA’s Consultation on Draft ESG Fund Naming Guidelines
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