Insurance Europe

Following the publication of the European Parliament’s draft report and in view of the ongoing Council discussions on the European Commission’s proposal of November 2025 to revise the Sustainable Finance Disclosure Regulation (SFDR), Insurance Europe reiterates its strong support for a more streamlined, effective and coherent framework.

The review represents an important opportunity to enhance transparency, usability and legal certainty for both investors and financial market participants.

Insurance Europe has set out its detailed position on the SFDR review and emphasises the need for further targeted adjustments aimed at delivering meaningful and comparable disclosures.

Key priorities include:

• Ensuring an appropriate treatment of general-purpose sovereign bonds
• Providing a clear and workable regime for multi-option products (MOPs)
• Supporting, not prohibiting, credible transition pathways
• Ensuring a clear transition for products currently classified under the existing framework that may become uncategorised under the revised regime, and aligning Level 1 and Level 2 application to avoid regulatory gaps

Read the summary of our key messages here

Click here to read the full SFDR key messages