Scientific Beta

Investment News New Zealand: "Europe has led the way in ‘green’ investment product classification. But other jurisdictions shouldn’t follow the European Union (EU) down the same naming path, according to Daniel Aguet, Scientific Beta deputy chief. Aguet said the multiple EU directives on sustainable investment taxonomy while paved with good intentions have ended in confusion at best."

Investment News New Zealand 22/09/2024

"(...) Europe has led the way in ‘green’ investment product classification. But other jurisdictions shouldn’t follow the European Union (EU) down the same naming path, according to Daniel Aguet, Scientific Beta deputy chief. Aguet said the multiple EU directives on sustainable investment taxonomy while paved with good intentions have ended in confusion at best. “The main conclusion is that the good intentions of regulators have had unintended consequences, resulting in less effective outcomes for investors,” he said. For example, the ground-breaking EU Sustainable Finance Disclosure Regulation (SFDR) introduced in 2019 faced a major overhaul just four years later in the wake of a reclassification crisis. (...)"