On 25 February 2021, the European Supervisory Authorities (“ESAs”) published a joint supervisory statement (the “ESA Statement”) providing guidance on the application of Regulation (EU) 2019/2088 on sustainability-related disclosures in the financial services sector, as amended (the “Sustainable Finance Disclosure Regulation” or “SFDR”).
The main objective of the ESA Statement is to provide further guidance on and ensure consistent application of sustainability-related disclosures in the so-called interim period between 10 March 2021 and 1 January 2022.