Schroder Real Estate investment trust has outlined plans to include sustainability in its investment objective, with an eye to the implementation of the UK’s Sustainability Disclosure Requirements, and proposed a variable fee structure.
In a circular today (21 November), the trust said it would be proposing changes to include sustainability "at the centre" of the trust's investment proposition, focused on sustainability improvement and decarbonisation for its buildings. The proposal will be voted on at an extraordinary general meeting, held on 15 December. FCA: Firms have 'further to go' to meet upcoming ESG labelling regulation According to the firm, the changes have been "specifically developed" to allow the trust to take on the ‘sustainable improver' label when the Financial Conduct Authority's SDR system is in...
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