In 2018 , the European Commission adopted various measures with respect to sustainable finance. These measures included proposals aimed at establishing a unified EU classification system of sustainable economic activities; improving ESG disclosure requirements to facilitate informed investor decision making; and creating a new category of benchmarks which is intended to help investors compare the carbon footprint of their investments. The proposed disclosure regulations defined Sustainability Risk as: "An environmental, social, or governance event, or condition that, if it occurs, could cause an actual or a potential material negative impact on the value of the investment arising from an adverse sustainability impact." Select one: True False