Sustainability Community

The EU Council's 24 June 2026 press release outlines its agreed negotiating position on revising the Sustainable Finance Disclosure Regulation (SFDR) to make sustainability reporting for financial products clearer, more comparable, and less burdensome. The proposal introduces a simplified classification system-"sustainable," "transition," and "ESG basics"-to replace existing labels and reduce greenwashing risk, while requiring more consistent use of key indicators to substantiate sustainability claims. Overall, the reforms aim to improve transparency for investors, strengthen trust in ESG-labelled products, and better channel capital toward the EU's environmental, social, and competitiveness objectives, while easing compliance complexity for market participants

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