The Financial Conduct Authority (FCA) has released its final policy statement on the Sustainability Disclosure Requirements (SDR) today (28 November), which includes an additional label under called ‘Sustainability Mixed Goals'.
The new label will bring the total number to four and will address issues arising in the consultation process about multi-asset and blended strategies, which did not fit into the previous three categories. Following feedback, the FCA has also removed the word "sustainable" from the labels and replaced it with "sustainability", to reflect how some assets are "on a journey to becoming sustainable". As a result, the updated labels will be called: Sustainability Impact; Sustainability Focus; Sustainability Improvers; and Sustainability Mixed Goals. Previously, the labels were proposed ...
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