Esma prioritises the fight against greenwashing in its sustainable finance roadmap

02/05/2022

On 11 February 2022, the European Securities and Markets Authority (ESMA) published its Sustainable Finance Roadmap 2022-2024 and on 21 February 2022, the Sustainable Finance- implementation timeline.

ESMA identifies three priorities for its sustainable finance activities in the period from 2022 to 2024:

  • Tackling greenwashing and promoting transparency

  • Building NCAs’ and ESMA’s capacities (multi-year training programme, active sharing of supervisory experiences among NCAs).

  • Monitoring, assessing and analysing ESG markets and risks to identify emerging trends, risks and vulnerabilities that can have a high impact on investor protection and on financial markets stability.

ESMA will address its three priorities with a comprehensive list of actions across the following sectors: investment management, investment services, issuers’ disclosure and governance, benchmarks, credit and ESG ratings, trading and post-trading and financial innovation.

Head of Knowledge Management Strategy and Market Infrastructure - SGSS