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UK Financial Conduct Authority to Launch 4 New Sustainability Labels for Investors to Evaluate ESG Investments, 4 Labels are Sustainability Focus, Sustainability Improvers, Sustainability Impact & Sustainability Mixed Goals, Labels to be Displayed from 31st July 2024 & Investment Firms Required to Fulfil Naming & Marketing Rules from 2nd December 2024
18th July 2024 | Hong Kong
UK Financial Conduct Authority (FCA) has announced to launch 4 new sustainability labels for investors to evaluate ESG (Environmental, Social & Governance) investments. The 4 labels are Sustainability Focus, Sustainability Improvers, Sustainability Impact & Sustainability Mixed Goals. The labels can be displayed from 31st July 2024 onwards, and investment firms are required to fulfil naming & marketing rules from 2nd December 2024 onwards. UK FCA: “We have introduced rules and guidance to help consumers navigate the market for sustainable investment products. These are: 1) An anti-greenwashing rule that applies to all FCA-authorised firms who make sustainability-related claims about financial products and services. 2) Investment labels, disclosure and naming and marketing rules that apply to UK asset managers. 3) Targeted rules that apply to distributors of investment products to retail investors in the UK.” More info here
“ UK Financial Conduct Authority to Launch 4 New Sustainability Labels for Investors to Evaluate ESG Investments, 4 Labels are Sustainability Focus, Sustainability Improvers, Sustainability Impact & Sustainability Mixed Goals, Labels to be Displayed from 31st July 2024 & Investment Firms Required to Fulfil Naming & Marketing Rules from 2nd December 2024 “
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UK Financial Conduct Authority to Launch 4 New Sustainability Labels for Investors to Evaluate ESG Investments, 4 Labels are Sustainability Focus, Sustainability Improvers, Sustainability Impact & Sustainability Mixed Goals, Labels to be Displayed from 31st July 2024 & Investment Firms Required to Fulfil Naming & Marketing Rules from 2nd December 2024
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