EdenTree Investment Management has confirmed it will add two new sustainability labels to funds in its range as part of the Financial Conduct Authority’s Sustainability Disclosure Requirements (SDR).
Following a client notification process, currently underway, the ‘Sustainability Impact’ label will be applied to the EdenTree Green Future fund, managed by EdenTree CIO, Charlie Thomas (pictured), alongside fund manager Tom Fitzgerald, and the EdenTree Green Infrastructure fund, run by fund manager Tommy Kristoffersen.
The ‘Sustainability Impact’ label indicates to investors that a fund invests with an aim to achieve a predefined, positive and measurable environmental and/or social impact.
Commenting on the adoption of the Sustainability Impact label, Thomas said he was “delighted to have met the high standard required” to be able to use it.
“Responsible and sustainable investing is all we do at EdenTree, and we believe the new regime represents a positive step forward for the industry – one that will build trust in the sustainable investment market and help combat greenwashing.
“As a firm with a broad range of differentiated responsible and sustainable solutions, we recognise the important role we have to play in improving transparency and investor understanding in this important area of the market. We have appreciated the FCA’s openness to dialogue throughout the process, and we continue to work closely with the regulator to align our product range with the SDR regime.”
The four investment labels introduced via SDR are intended to provide investors with the necessary information to make educated decisions as to which funds best align with their needs and sustainability inclinations.
