Impact Healthcare REIT to change name following introduction of SDR

Half-year results

Impact Healthcare REIT (IHR) will be changing its name as a result of the introduction of the Financial Conduct Authority's Sustainability Disclosure Requirements (SDR).

In its half-year results today (8 August), the trust explained SDR restricts the use of certain sustainable terms in products accessible to retail investors, effective from December 2024. IHR added: "The word ‘Impact' is specifically proscribed unless the primary aim of the business is social impact, as measured by a high threshold of reporting requirements. "To avoid confusion and to comply with these new requirements, the company will change its name in the coming months and will provide further details in due course." 'Not easy but doable': The implications of adopting an SDR la...