Bringing you live news and features since 2013
Bringing you news, views and analysis since 2013

37380

FCA launches discussion paper on investment products and ESG strategy

RELATED TOPICS​

The FCA has published a Discussion Paper inviting views on potential criteria to classify and label investment products aimed at helping consumers navigate their sustainability characteristics. 

The Discussion Paper forms part of the FCA’s new wider ESG Strategy, also released today. The strategy sets out the FCA’s critical role in supporting the transition to a more sustainable economy, working with industry, listed companies and international partners.

The Strategy will be built around five key themes:

Transparency – promoting transparency on climate change and wider sustainability along the value chain

Trust – building trust and integrity in ESG-labelled instruments, products and the supporting ecosystem

Tools – working with others to enhance industry capabilities and support firms’ management of climate-related and wider sustainability risks, opportunities and impacts

Transition – supporting the role of finance in delivering a market-led transition to a more sustainable economy

Team – developing strategies, organisational structures, resources and tools to support the integration of ESG into FCA activities

The FCA is also gathering feedback on supporting entity-level and product-level disclosures. The FCA will leverage existing initiatives in this area to ensure coherence with market practice and other regulation. The input received will then guide the FCA’s policy design in this area, ahead of consultations on new proposals in spring 2022.

Emma Wall, Head of Investment Analysis and Research at Hargreaves Lansdown, says: “It is fantastic to see the regulator giving responsible investing the attention it deserves. We believe investing with environmental, social and governance issues in mind is simply good risk management – leaders who run businesses conduct aware, with the climate and society in mind, are likely to have sustainable revenues and profits. Investors have recognised this too – amongst our clients flows into responsible investment funds have gone up 6,000 per cent in the last five years. We welcome the particular focus on transparency, which we know investors are calling for, as well as the wider commitment to supporting the transition to a greener, cleaner economy.”

Latest News

Iress has announced that it has extended its partnership with Dow Jones Newswires to give..
The Financial Conduct Authority (FCA) writes that in new rules, it has set out a..
GAM has announced it has reached a definitive agreement to transfer its Management Company activities..

Related Articles

infrastructure headline
The new Labour government has launched a GBP7.3 billion National Wealth Fund which will target private capital to support the UK’s growth ambitions...
The new Labour government has launched a GBP7.3 billion National Wealth Fund which will target private capital to support the..
Tom McPhail, lang cat
Today’s news of a landslide victory from the UK’s Labour party, finds that the markets had mostly factored in a widely predicted Labour win...
Today’s news of a landslide victory from the UK’s Labour party, finds that the markets had mostly factored in a..
Pensions might not feature at the top of the political parties’ manifesto promises this election, but their role in driving the UK’s growth ambitions is increasingly on investors’ agendas...
Pensions might not feature at the top of the political parties’ manifesto promises this election, but their role in driving..
Duncan Higgs, Bfinance
Bfinance has released its latest report, "Investment Management Fees: Fairness Revisited," with a comprehensive analysis of current trends and challenges in investment management fees and costs across various asset classes...
Bfinance has released its latest report, "Investment Management Fees: Fairness Revisited," with a comprehensive analysis of current trends and challenges..
Subscribe to the Institutional Asset Manager newsletter

Subscribe for access to our weekly newsletter, newsletter archive, updates on the site and exclusive email content.

Marketing by