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The FCA’s SDR requirements were introduced by the regulator in November 2023 , aimed at helping investors assess the sustainability attributes of investment products, and to avoid greenwashing risk, to portfolio managers. The firm added that it is reviewing opportunities for further SDR label adoption in its fund range.
Jenn-Hui Tan, ChiefSustainabilityOfficer at Fidelity International said: “We have long been committed to sustainableinvesting and have continued to evolve our approach and capabilities in line with client requirements and ESG regulations.
This week in ESG news: EU adopts new law against greenwashing; Walmart reaches 1 billion ton supply chain emissions reduction milestone; S&P forecasts $1 trillion sustainable bond market in 2024; Airbus, TotalEnergies launch sustainable aviation fuel partnership; Verizon invests $1 billion in renewable energy; EU lawmakers agree to certification (..)
Almost all major listed companies, even those in the energy or mining sectors, have established CSR or sustainability departments, appointed chiefsustainabilityofficers, or have a CSR committee on their boards. To me, three main criteria must be applied to determine what’s really sustainable finance.
This week in ESG news: HSBC ends financing of new oil & gas projects; EU agrees to a carbon tax on imports; Australia to introduce mandatory climate reporting for companies; Dow Jones Sustainability annual index changes released; Barclays sets $1 trillion sustainable finance goal; Annual CDP environmental scores released; Biden invests $3.7
Cities Government & Regulators Australia to Launch Decarbonization Plans for Key Sectors Biden Launches $20 Billion Climate and Clean Tech Project Financing Programs Australia Releases Rules for Sustainability Claims to Fight Greenwashing by Companies ESG Reporting & Disclosure Norway’s $1.3
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