| 1. |
VASPs required to comply with a Mandatory ESG Disclosure level must, establish practices and procedures to raise awareness of ESG-related activities and opportunities including providing relevant information on their websites and/or social media sites. |
| 2. |
VASPs which are required to comply with a Mandatory ESG Disclosure level must publish an annual ESG report which shall disclose, at a minimum—
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a. |
governance policies, metrics and targets relating to how the VASP identifies, assesses, and manages risks and opportunities relating to sustainability, diversity and inclusion; |
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b. |
details on how material risks and opportunities relating to sustainability, diversity and inclusion are factored into the VASP’s overall business strategies and VA Activity processes, including, where relevant, the data and/or methodologies used in identifying investments [whether or not denominated in Virtual Assets] and talent; and |
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c. |
factual summaries on the environmental and climate-related impact of data-intensive activities in the Virtual Asset sector.
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| 3. |
VASPs which are required to comply with a Mandatory ESG Disclosure level shall make publicly available, in a prominent place on their website, up-to-date information related to the diversity and inclusion initiatives undertaken by such VASPs.
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