ESMA Adopts Core Impact Investing Concepts Grounded in Academic Literature

This marks a regulatory milestone in the fight against greenwashing: The European Securities and Markets Authority (ESMA) is adopting core concepts related to impact investing based on the latest academic literature. In its new guidance on sustainability disclosures, ESMA calls for, among other things, a strict distinction between company impact and investor impact. This sends an important signal for greater transparency and substance in the sustainable finance market.

Please find the full press release here.

Image: Advanced Impact Research