SFDR — Sustainable Finance Disclosure Regulation
Requires asset managers, insurers and advisers to disclose how they integrate sustainability risks and to classify their products (Articles 6, 8 and 9). The review proposal replaces the articles with three product categories: sustainable, transition and ESG basics.
At a glance
- Legal reference
- Regulation (EU) 2019/2088 · "SFDR 2.0" review proposal of 20 November 2025
- Jurisdiction
- European Union
- Area
- Reporting and sustainable finance
- Status
- Under negotiation
- Last reviewed
- Official text
- EUR-Lex · Regulation (EU) 2019/2088 ↗
Every date for SFDR
- Application of the Level 1 obligations
- Application of the regulatory technical standards (RTS)
- The Commission presents the "SFDR 2.0" proposal
- Possible application of the new rules, following negotiations in 433 days
Financial market participants; indirectly, companies that receive ESG data requests from funds and banks.
How we helpSubsidised Finance & Grants →- 01Prepare for ESG questionnaires from investors and lenders
- 02Make the principal adverse impact (PAI) indicators available
Frequently asked questions on SFDR
Requires asset managers, insurers and advisers to disclose how they integrate sustainability risks and to classify their products (Articles 6, 8 and 9). The review proposal replaces the articles with three product categories: sustainable, transition and ESG basics.
Financial market participants; indirectly, companies that receive ESG data requests from funds and banks.
10 Mar 2021: Application of the Level 1 obligations; 1 Jan 2023: Application of the regulatory technical standards (RTS); 20 Nov 2025: The Commission presents the "SFDR 2.0" proposal; 2028: Possible application of the new rules, following negotiations.
The next milestone is 2028: Possible application of the new rules, following negotiations.
Prepare for ESG questionnaires from investors and lenders; Make the principal adverse impact (PAI) indicators available.
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