BlackRock fund becomes first to use Sustainability Improvers SDR label
The BFM Brown to Green Materials fund seeks to invest in materials companies essential for the low carbon transition
The BFM Brown to Green Materials fund seeks to invest in materials companies essential for the low carbon transition
Managed by Fiona Manning and William Scholes
The funds manage £8.5bn of assets
The firm’s Global Sustainable Government Bond Fund will adopt the Sustainability Focus label
The external fund manager will also change, with Schroders taking over as the fund’s sole manager
Three of Aegon’s ethical funds will remain unlabelled with sustainable characteristics
Aiming to give clients ‘confidence in the integrity and robustness’ of its sustainable investment approach
PA Future asked regulatory experts what to expect in 2025 as CSRD comes into force, SDR beds in, and SFDR is set for adjustments
The funds have gained approval to use the Sustainability Impact label from early next year
Although SDR cannot be considered a damp squib, it needs to evolve with industry feedback and practical realities, writes Jake Moeller
Global Impact Bond fund will adopt the label from 3 February 2025
Both funds will change name, and their investment objectives will be updated as of 20 February 2025