Ireland

Dillon Eustace’s Irish asset management and investment fund team advises clients on a range of regulations related to sustainable finance, including the Sustainable Finance Disclosures Regulation and the Taxonomy Regulation, as well as on the implementation of new products that promote environmental values and sustainable investments.

In a recently concluded matter, the firm assisted Guinness Asset Management with the creation of its Guinness China A Share Fund, advising on the implementation of SFDR Article 8 and ESG factors, including climate and environmental indicators, carbon intensity, and carbon transition risk.

Another highlight in this area is the advice provided to Azimut in establishing a number of funds that fall under the scope of SFDR Article 8.

For client LGIM Managers (Europe) Limited, head of the firm’s internal ESG group Cillian Bredin advised on the integration of sustainability risk and sustainability factors into risk management and investment due diligence.

Bredin also recently contributed to a number of discussions on the EU Action Plan for Sustainable Finance, including the Eagle Alpha Panel in October 2022 and the ICI Global Compliance Committee Meeting in October 2023. He is also known for regularly publishing articles and thought leadership content on ESG together with professional support lawyer Áine McCarthy. McCarthy is vice chair of the Irish Funds ESG Policy, Legal & Regulatory Working Group which engages with the Central Bank of Ireland to represents Irish fund management companies on key legislative and regulatory issues related to sustainable finance.

The team continues to be involved in a number of volunteering initiatives, including the recent Green Team Network’s National Clean up initiative in Dublin, the Funds Industry Climate Challenge, and the Beach Clean-up initiative organised by marine environmental charity Flossie and the Beach Cleaners.