Ten of Schroders’ funds will now be badged with new sustainability labels, designed to combat greenwashing and give investors clearer information about a fund’s approach to responsible investment.
These new labels are part of the Financial Conduct Authority’s (FCA) Sustainability Disclosure Requirements (SDR).
Eight Schroder funds will qualify for a ‘Sustainability Focus’ rating – including Schroder Sustainable Bond Fund, the first bond fund to adopt an SDR label.
A further two funds will carry the ‘Sustainability Impact’ label. This includes Schroders Capital Real Estate Impact Fund (SCREIF) and Schroder BSC Social Impact Trust. The fund managers says it expects to announce additional SDR labels soon.
There are four SDR labels: Sustainability Focus, Sustainability Improver, Sustainability Impact and Sustainability Mixed-Goals.
Schroders global head of product development Anna O’Donoghue said: “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 funds.”
