Industry bodies have called for “demanding standards” and greater consumer education in order to secure the success of the UK’s Sustainable Disclosure Requirements.
In response to the Financial Conduct Authority's discussion paper Sustainability disclosure requirements and investment labels, the Association of Investment Companies proposed that "demanding standards" should be set for any funds that make environmental, sustainable or governance claims. Top ten takeaways from Greening Finance: A roadmap to sustainable investing The trade body representing investment trusts also argued that product labels should distinguish between those focused on environmental sustainability and those targeting positive social change but acknowledged a fund could ...
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