ShareAction has submitted a response to the European Commission’s May 2025 Call for Evidence on the Sustainable Finance Disclosure Regulation (SFDR), launched in the context of the regulation's review scheduled for the end of 2025. In our response, we make two priority recommendations: maintain entity-level disclosures, including Principal Adverse Impact indicators, and require engagement disclosures in a future product categorisation system, with binding criteria for transition products. These recommendations are based on the findings of our recent research report "Bridging the Data Divide: An analysis of market practice to strengthen engagement disclosures under the Sustainable Finance Disclosure Regulation".