The European Securities and Markets Authority (ESMA) has published two thematic notes on sustainability-related claims.
The first note focuses on positive impact claims, with ESMA encouraging market participants to clearly explain how they aim to generate positive impacts, and how they will measure results.
The second note covers climate transition claims. ESMA notes that claims are often forward-looking and subject to uncertainty, and emphasises the importance of explaining how transition plans will be implemented and how progress will be assessed.
Companies:ESMA
