Irish Funds Responds to European Commission’s Call for Evidence on SFDR
Wednesday, 04 June 2025
On 2 May 2025, the European Commission launched a Call for Evidence on the Sustainable Finance Disclosure Regulation (SFDR), inviting feedback from stakeholders across the financial sector to inform the future direction of the framework. The consultation, which runs through the end of May, is part of the Commission’s broader effort to refine and rationalise the EU’s sustainable finance architecture.
In response, Irish Funds has submitted a comprehensive position paper, building on its engagement with the December 2023 consultation and its ongoing work on Level 1 measures. The submission reflects extensive industry input and outlines several key recommendations aimed at improving the clarity, usability, and proportionality of the SFDR framework.
Key Recommendations from Irish Funds:
Adoption of a flexible, asset-class agnostic categorisation system
Rejection of EU Taxonomy alignment as a core classification criterion
Support for a broad “transition” category and a distinct “impact” category
Introduction of simplified templates and proportionate disclosure requirements
Greater alignment between SFDR and MiFID II/IDD frameworks
Irish Funds emphasised that this is a critical opportunity to shape a more effective and balanced regulatory environment that supports sustainable investment without imposing undue complexity or cost.