2019 • October 15 compliance to PRA requirements • IORP II ESG criteria in investment decisions • Regulation on EUTaxonomy (EU-Ecolabel) • DWP regulation requiring pension schemes to have policy on ESG factors • SEC examination letter to ESG funds focusing on advisors’ criteria and methodology
2020 • EC launches an initiative to revise the Non-Financial Reporting Directive (NFRD) • Prudential Regulation Authority (PRA) publishes ‘Dear CEO’ letter to UK insurers regarding distribution of profits during COVID-19
2018 Asset managers petition SEC for stronger ESG disclosure standards
2021-2022 Full implementation of EU Action Plan
2019 UN PRB
2020 PRI Signatories TCFD reporting/ disclosure
2022 Mandatory TCFD disclosure in the UK
Milestone category: Voluntary
Mandatory
Significant ESG activity
Source: Ernst &Young
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