European ESG Template (EET) Version 1.1.2

On 20 December 2023, FinDaTex published the latest version 1.1.2 of the European ESG Template (EET) with 616 data fields. In terms of content, it covers the obligations arising from the Disclosure Regulation, Taxonomy Regulation, MiFID II and Insurance Distribution Directive (IDD).

Changes compared to the previous version

 
With the latest EET version, two new fields have been created and the filling guidelines for some existing fields the filling guidelines have been changed. The most important changes are shown in the table below:

Content	Field	Existing	Adjustment	Following
Scope 1 and 2 THG Emissions (agregated)	EET NUM 117	Conditional	Optional	Relaxation for the fillers
	EET NUM 118	Conditional	Optional
	EET NUM 119	Mandatory	Optional
	EET NUM 120	Mandatory	Optional
Taxonomy gas and nuclear	EET NUM 589 – 596	Mandatory / Conditional	Conditional, depends if article 8 or 9 Fonds
	EET NUM 597 – 614	Mandatory	Conditional
PAI Calculation	EET NUM 103	n/a	Mandatory with the following characteristics: A = Yearly Q = Quarterly M = Monthly	Tougher conditions for fillers
Countries in which investments are made	EET NUM 616	n/a	Conditional, depending on whether investments are made in countries that violate social regulations
	EET NUM 615 and 616	ISO 3166 – 3	ISO 3166 – 2	Change of the format

Further development of the EET

 
The final report on the SFDR amendment presented by the ESA on 4 December 2023 also proposes updates that affect the EET, among other things. ESMA recommends the implementation of new PAIs with a focus on the environment and society. In addition, a new product category „reduction of greenhouse gas emissions“ is proposed, which should be taken into account in pre-contractual and regular documents. The European Commission will decide within three months whether to endorse the final report.
 
 

EET though WM Datenservice

 
WM Datenservice will include the EET in the data budget due to its high regulatory relevance and will make the EET data available in four customised product solutions. Each EET data point will be mapped one-to-one in these product solutions using a corresponding WM field. 
 

In a nutshell – our factsheet

 
Find more information on how to obtain this regulatory relevant ESG data via WM Datenservice in our factsheet.