UKSIF & PwC report on the UK's SDR
Initial insights and recommendations for implementation
Read the Report
The FCA published its Sustainability Disclosure Requirements (SDR) and investment labels on 28 November 2023. This set out final rules relating to this regime, covering sustainability disclosures, sustainable investment labels, naming and marketing, and the anti-greenwashing rule.
UKSIF and PwC have collaborated on a report to share initial insights into the steps that some asset managers are taking to comply with the SDR package, including common challenges faced and how to overcome them.
Learn moreKey Recommendations
1. Carefully consider what label, if any, to apply
Learn more2. Focus on demonstrating compliance with the 70% threshold
Learn more3. Establish a firm-wide product classification framework:
Learn more4. Step up engagement with distributors at the earliest opportunity
Learn more5. Perform a broad, firm-wide greenwashing review
Learn more6. Develop a taxonomy of terms to identify potential greenwashing
Learn more7. Focus on what is most relevant and material to your business and clients in your reporting
Learn more8. Streamline data collection and leverage existing processes
Learn more9. Align reporting cycles with TCFD reporting where possible
Learn more10. Adopt a strategic, long-term approach to disclosure
Learn moreDownload Report
Download the Report
Learn more