Sustainable investing veteran thinks the market may have missed the point of SFDR
"I don't think the idea was to create a bulletproof classification system which provides definitive answers," Matthew Smith, director of sustainable finance at KPMG in Norway and former head of sustainable investing at Storebrand, says about the new EU disclosure directive.
by anne grete storvik, translated by catherine brett
AMWatch's Norwegian sister media FinansWatch has spoken to a number of financial players in Norway who are in doubt about how to classify their funds to comply with the Sustainable Finance Disclosure Regulation, which will soon come into force in the country.
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