FCA called to investigate greenwashing at UK high street banks
In light of the FCA’s new anti-greenwashing rule and guidance
Greenwashing
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Asset managers still grappling with communications as anti-greenwashing deadline looms
UKSIF and PwC report flags concerns around SDR definitions, increasing regional divergence and threshold clarity ahead of first deadline
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ESMA finalises labelling rules for sustainable funds
Sustainable investment commentators criticise adjustments to thresholds
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Investor accuses Barclays of greenwashing for calling billions in fossil fuel funding ‘sustainable finance’
Comes as 2024 Banking on Climate Chaos report shows Barclays increased fossil fuel spending in 2023
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How to prepare for the FCA’s anti-greenwashing rule
Anti-greenwashing guidance warns firms about the colours used around sustainability – but firms need to be whiter than white
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Will the FCA’s anti-greenwashing rule be enough to rebuild trust in sustainable investing?
Early signs are the rule will change behaviour, according to the AIC’s Nick Britton
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Industry welcomes FCA’s anti-greenwashing guidance but will need to ‘rush’ to meet 31 May deadline
Some firms were hoping for a longer transition period, commentators say
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Scrubbing off the greenwash: Why the FCA guidance is welcome
‘The new guidance shouldn’t be a challenge for good managers who are used to measuring, assessing and reporting on this already’
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New greenwashing rules are imminent
Julia Dreblow considers how investors should engage with the FCA’s upcoming anti-greenwashing rule
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CCLA’s Corah and Berens: Why ESG funds need to raise the bar for their investors
The firm is moving its products beyond the trend of ‘traditional green, clean and thematic funds’
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Appeal for impact investing in decline as market volatility takes its toll
ACI study shows appeal declined by 5% in the UK despite impact investors willing to give up some returns
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‘Does SDR ring a bell?’: What advisers must be aware of ahead of May deadline
Quilter Cheviot’s Gemma Woodward explains how advisers can navigate Consumer Duty and SDR