Schroders has announced it is set to adopt all four of the Financial Conduct Authority’s (FCA) Sustainability Disclosure Requirements (SDR) labels.
These four labels include the ‘Sustainability Focus’, ‘Sustainability Impact’, ‘Sustainability Improvers’ and ‘Sustainability Mixed Goals’ labels under the FCA’s new regime. These SDR labels aim to create a clearer categorisation of a fund’s goals of trust and transparency.
The three funds that are expected to adopt these labels are:
- the Schroder Sustainable Future Multi-Asset fund will adopt the Sustainability Mixed Goals label
- the Schroder European Sustainable Equity fund will adopt the Sustainability Improvers label
- the Schroder Global Cities Real Estate fund will adopt the Sustainability Focus label
This comes as the firm recently received approval across 10 of its funds, with the Schroder Sustainable Bond fund becoming one of the first bond funds to adopt an SDR label, according to the group.
Further, Schroders have plans to adopt the labels on the following funds:
The ‘Sustainability Focus’ label for:
- Schroder Global Sustainable Value Equity fund
- Schroder Global Sustainable Growth fund
- Schroder Global Energy Transition fund
- Schroder Sustainable UK Equity fund
- Schroder Global Sustainable Food and Water fund
- Schroder Sustainable Multi-Factor Equity fund
- Schroder Sustainable Bond fund
- Schroder Global Cities Real Estate
- Greencoat UK Wind plc
- SUTL Cazenove Charity Sustainable Multi-Asset fund
- SUTL Cazenove Sustainable Growth fund
- SUTL Cazenove Sustainable Balanced fund
The ‘Sustainability Impact’ label for:
- Schroders Capital Real Estate Impact fund (SCREIF)
- Schroder BSC Social Impact Trust plc
The ‘Sustainability Improvers’ label for:
- Schroder European Sustainable Equity fund
The ‘Sustainability Mixed Goals’ label for:
- Schroder Sustainable Future Multi-Asset fund
Anna O’Donoghue, global head of product development and governance at Schroders, said: “We believe we are the first firm to publicly confirm the intended adoption of all four SDR labels across all the funds we have sought them for.
“We have been an early adopter of SDR, working closely with the FCA throughout to ensure our funds adhere to the required standards. We are appreciative of the FCA’s ongoing collaboration.
“The labels will help to differentiate our sustainable product range focused on delivering active outperformance, making it easier for clients who are seeking sustainable outcomes to identify opportunities to invest.”
