Transitioning to SFDR 2.0 - A practical playbook

SFDR 2.0 is expected to introduce end of November 2025 several changes, for example how funds describe and evidence sustainability, moving from Article 6/8/9 to clearer categories (e.g. Sustainable, Transition) and potentially simpler and more streamlined disclosures.

Several questions arise from these expected changes for existing (open-ended / closed-ended) as well as products in the pipeline regarding their positioning, naming and changes required. The update is also expected to lean into machine-readable disclosures and Taxonomy/CSRD linkages, so your reporting and controls need to adapt.

This 2-hour training compresses the essentials into a hands-on playbook of the most important points allowing you to plan for your transition from SFDR 1.0 to SFDR 2.0.

By the end of this training, participants will be able to:

• understand the key changes introduced by SFDR 2.0;
• assess the impact on product strategy and communication;
• undestand how to remap your product shelf according to new category;
• prepare for enhanced reporting and controls.

• SFDR 2.0: key changes vs 1.0 (categories, indicator, templates, PAI)
• Implications for product design, naming, and client communications
• How to remap your shelf (Sustainable / Transition / 3rd category) with evidence
• Outlook

This training is coordinated by Michael Horvath, Partner at PwC Luxembourg.

Michael has acquired a strong financial and regulatory audit as well as advisory background and significant experience leading projects in the asset management sphere.

In the recent past, Michael has been particularly involved in various regulatory projects related to the implementation of the EU regulatory framework for sustainable finance (i.e. SFDR, taxonomy regulation, CSRD) at entity and product level. Michael is involved in various other regulatory projects for clients, from DORA, AML/CFT regulation over CSSF circular 18/698 to MICA.