Columbia Threadneedle adopts ‘Sustainability Focus’ label for nine funds

Two of its fixed income funds will adopt a sustainability label at a future date

Nine green labels

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Michael Nelson

Nine of Columbia Threadneedle Investments funds across global equities, UK equities and multi-asset have received approval for ‘Sustainability Focus’ labels under the Financial Conduct Authority’s Sustainability Disclosure Requirements (SDR).

Funds adopting the label include four global and UK equities funds – CT Sustainable Opportunities Global Equity fund, CT Sustainable Global Equity Income fund, CT Responsible Global Equity fund and the CT UK Sustainable Equity fund – and the five funds that make up the Sustainable Universal MAP range – the Defensive, Cautious, Balanced, Growth and Adventurous funds.

Commenting on Columbia Threadneedle’s SDR ambitions, Mike O’Toole, co-head of UK wholesale distribution at Columbia Threadneedle, said: “We are excited to announce nine funds will adopt the new SDR Sustainability Focus’ label. We believe the label provides the necessary transparency and clarity to investors looking to allocate their money to sustainable outcomes.

“Funds from across our core client offering will adopt the ‘Sustainability Focus’ label, including global and UK equities as well as our full range of sustainable, actively managed low-cost multi-asset solutions.”

Columbia Threadneedle also announced its ambitions for two fixed income funds to adopt a Sustainability label at a future date.

“We look forward to announcing our additional fixed income fund labels soon,” O’Toole added.