Insights
Clear definitions of the sustainability, climate, and ESG terms that matter most — from CBAM and CSRD to SBTi and PCAF. Written by Semtrio's advisory team.
An SFDR Article 8 fund is an investment product that promotes environmental or social characteristics, alongside other objectives, and is therefore subject to enhanced sustainability disclosures under Article 8 of the EU's Sustainable Finance Disclosure Regulation — commonly described as "light green."
An SFDR Article 9 fund is an investment product that has sustainable investment as its explicit objective and is therefore subject to the strictest sustainability disclosures under Article 9 of the EU's Sustainable Finance Disclosure Regulation — commonly described as "dark green."
The SME Regulation is Türkiye's rule set that classifies enterprises as micro, small, medium or large by headcount and financial size. In the Responsible Programme it determines a company's size class, which sets its Phase 1 service-fee cap.
A social bond is a fixed-income instrument whose proceeds are used exclusively to finance projects with positive social outcomes, issued in line with ICMA's Social Bond Principles.
The Stakeholder Capitalism Metrics are a voluntary set of ESG disclosures published by the World Economic Forum in 2020 — 21 core and 34 expanded metrics across four pillars — curated from existing standards to enable more comparable reporting.
Stakeholder engagement is the structured process of identifying, consulting and responding to the groups affected by or interested in an organisation's activities and sustainability impacts.
If you're working through a regulatory framework or sustainability challenge and need clarity on a specific term or concept — our team is here to help directly.
