Schroders, the global investment manager, has announced plans to adopt the Financial Conduct Authority’s (FCA) Sustainability Disclosure Requirements (SDR) labels across 10 of its funds.
The move reflects what the firm calls ‘the integrity and robustness of its sustainable and impact investment approach’.
Real estate and renewable funds affected by the announcement include the Schroders Capital real estate impact fund (SCREIF) and the Schroder global energy transition fund.
This follows news in November that Schroders was one of the first UK asset managers to confirm its intention to adopt an SDR ‘sustainability focus’ label for an equity fund with a broad standard of sustainability, the Schroder global sustainable value equity fund.
Anna O’Donoghue, global head of product development and governance, Schroders, commented: ‘We are proud to announce our intention to become an early adopter of the FCA’s SDR labels across 10 of our funds, which we believe reflects the integrity and robustness of our sustainable and impact investment approach.
‘The labels will help to differentiate our sustainable product range, making it easier for clients who are seeking sustainable outcomes to identify opportunities to invest. We are appreciative of the FCA’s ongoing collaboration and we continue to liaise closely with them as we work through the regulatory process across other relevant Schroders funds.’
Schroders expects to announce additional labels soon and full details will be communicated to investors in due course.