Alongside new ESG disclosure requirements, the globally-applicable EU Action Plan on sustainable finance has created unique regulatory standards for various groups of professionals in the finance industry (e.g., asset managers, fund managers and investment advisers) and their products, with the aim of making investments more ecologically sustainable. While it affects virtually all players on the financial market, its greatest impact is on the real economy.
The new legal requirements will gradually take effect from 2021 and will require market players to adjust their work and products accordingly; in particular their business strategies, risk strategies, reimbursement policies, risk management systems, reporting and data management.
Simultaneously, and by autumn 2022 at the latest, investors must be asked whether and to what extent sustainability is one of their key investment goals. In short, there will be an increasingly strong focus on sustainable investments.
Based on our extensive experience and deep insights into the industry, our interdisciplinary teams develop comprehensive sustainable finance solutions for products and corporate structures as part of our 360° approach.
In the European Union, the question is no longer whether, but how to regulate the field of sustainable finance. Regulation poses immense challenges to the real economy and the financial industry while simultaneously opening the door to a whole new world of opportunities – because sustainable investments means sustainable profits. With investor interest in sustainable options likely to increase, financial market participants who offer a timely and holistic sustainability strategy can potentially benefit from this growing investor base.
Our team here at GSK Stockmann will support and advise you on strategic, efficient and sustainable solutions for all relevant aspects of sustainable finance. Specific areas we can help you with include:
The introduction of the EU action plan on sustainable finance has catapulted sustainability to a new level. The focus is no longer solely on political goals, but also on legal requirements. Sustainability has taken on a whole new meaning.Dr. Oliver Glück, lawyer
Our solutions in the field of sustainable finance build on GSK Stockmann’s 360° approach. Our teams in Germany and Luxembourg offer investors, companies and financial market participants comprehensive legal advice on all aspects of sustainability. By integrating sustainability criteria in a strategic manner, you can minimise financial risks resulting from climate change, depleted resources, environmental destruction and social factors.
ESG pays for itself – particularly in the field of real estate. In future, stricter sustainability criteria will apply to project developers, asset managers and those who manage funds and portfolios. If you take action now and align your properties and contracts accordingly, you will generate better profits. We’ll be delighted to help.Dr. Christoph Strelczyk, lawyer
Entrepreneurial initiative and the spirit of partnership are written into our DNA of our law firm. Coupled with our professional expertise, these form the basis for the sustainable advice we offer and are the key to your success. We take partnership literally: as your trustworthy partner, we will look after you and your company’s interests. We understand your economic goals – and we work proactively and creatively to promote them to the fullest extent possible. In short, we take responsibility and make it our business to look after your business as if it were our own.
Arrange an appointment now – our team looks forward to hearing from you.
The market for sustainable investments is booming. ESG – which is short for environmental, social and (corporate) governance – refers to basic criteria for sustainable investments that take environmental protection, social concerns and good corporate governance into account. Since 2017, ESG criteria have been included in the annual sustainability reports of publicly listed companies, in certifications, ESG scores and in Germany’s sustainability index.
Rating agencies and independent experts can verify the details for banks, funds and investors. Good, sound advice is absolutely indispensable in order to comply with the numerous regulatory requirements.