ISR Label vs ESMA Directives - The Differences that change everything
In 2025, the sustainable finance landscape is experiencing an unprecedented regulatory revolution. Between the new ISR Label framework deployed since January and the ESMA directives applicable from May, asset managers face a major challenge: understanding and quickly adapting to these new requirements. This regulatory evolution is not trivial. With more than 1,600 ESG or sustainable funds that will need to change their names or review their asset allocations, and a significant reduction in the number of ISR-labeled funds (from 11,342 to 939), the impact is considerable for the entire sector.
Several questions arise:
- How to efficiently navigate this regulatory complexity?
- Which requirements are the most constraining
Our comprehensive analysis, commented on by our experts.
To help you see more clearly, WeeFin has conducted a detailed analysis comparing the different exclusions of the ISR Label and ESMA directives (PAB and CTB). What truly distinguishes our comparative analysis is a "WeeFin Comment" column that accompanies each analyzed criterion.
Our team of sustainable finance experts has enriched this document with strategic insights on the practical implications of these differences:
- Analysis of subtleties: our experts decode the nuances between the requirements of the ISR Label and ESMA directives (PAB and CTB)
- Identification of vigilance areas: we highlight the criteria where ISR Label requirements are stricter than those of ESMA directives, and vice versa, allowing you to anticipate potential friction points.
Download our exclusive Excel file including:
- A criterion-by-criterion comparison of social, environmental, and governance requirements
- ‍An analysis of exclusion thresholds for each controversial sector (coal, hydrocarbons, tobacco, weapons...)
- ‍Comments from our expert team on the practical implications of these differences
- A summary table allowing you to quickly identify points of vigilance
This content is only available in French.
