Members of PensionsEurope are split over proposed reforms to the Sustainable Finance Disclosure Regulation (SFDR), with some pushing to embrace categorisation as a tool for transparency and others warning it could lead to high compliance costs.
In the association's position paper on the SFDR, which particularly focuses on a possible generic categorisation system, PensionsEurope revealed the divide. Indeed, some members believe IORPs must be excluded entirely from the categorisation system or even the SFDR