An article published today by Ignites Europe examines data from the FCA, indicating that take-up of sustainable investment labels has progressed more slowly than initially anticipated.
FBC Senior Adviser Roberta Piani features in this article, proposing that the figures underscore the integrity of the regime. She notes that: “Asset managers are naturally cautious about adopting labels that carry reputational and compliance risk, and many are taking time to ensure their approaches are robust before applying.”
She suggests that many firms are likely refining disclosures, strengthening governance, or restructuring funds prior to pursuing a formal label.
Subscribers to Ignites Europe can read the full article here: https://www.igniteseurope.com/c/4982684/690264/