More than 130 funds have adopted one of the four labels under the Sustainability Disclosure Requirements (SDR) so far, the Financial Conduct Authority (FCA) has revealed.
Speaking at the Future of Investment Festival today (4 June), FCA sustainable financial policy technical specialist Louisa Chender said the improvement in confidence from firms, as well as for the timings around prospectus approval for SDR labels, should lead to further uptake. So far, Sustainability Focus and Sustainability Impact comprise the majority of labels available to market, with just a handful of Sustainability Improvers and Sustainability Mixed Goals present at the moment. But she said that, as more funds adopt one of the four labels, more firms will follow. This is because...
To continue reading this article...
Join Professional Adviser for free
Signup and gain exclusive members-only insights
- Unlimited access to real-time news, industry insights and market intelligence
- Stay ahead of the curve with spotlights on emerging trends and technologies
- Receive breaking news stories straight to your inbox in the daily newsletters
- Make smart business decisions with the latest developments in regulation, investing retirement and protection
- Members-only access to the editor’s weekly Friday commentary
- Be the first to hear about our events and awards programmes
