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Sustainable Investments, a Growing Trend

3BL Media

Sofidel According to the Global Sustainable Investment Alliance (GSIA), in 2023 sustainable investments in major financial markets will reach a 44% share of all assets under management in the U.S., Canada, Japan, Australia, and Europe, totaling $44 billion invested in green assets.

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FCA Releases Anti-Greenwashing and Sustainable Investment Product Rules

ESG Today

Sacha Sadan, Director of Environmental, Social and Governance, FCA, said: “We’re putting in place a simple, easy to understand regime so investors can judge whether funds meet their investment needs – this is a crucial step for consumer protection as sustainable investment grows in popularity.”

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Aegon, Cazenove to Adopt FCA’s SDR Sustainability Focus Label for Funds

ESG Today

The FCAs 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.

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Fidelity International to Adopt FCA Sustainability Label for Three Funds

ESG Today

Jenn-Hui Tan, Chief Sustainability Officer at Fidelity International said: “We welcome the introduction of SDR and see it as an important stage in the development of sustainable investing in the UK, giving investors greater confidence to allocate to sustainable funds.

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Schroders to Adopt All Four of the FCA’s SDR Sustainability Labels for Funds

ESG Today

Schroders announced in December that it would adopt the Sustainability Focus label for 8 funds, and Sustainability Impact for 2 funds, and the firms high-net-worth wealth management business Cazenove Capital followed up in January with plans to adopt the Sustainability Focus label for three of its own funds.

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ESG Today: Week in Review

ESG Today

See below for the highlights of the past week, and get all your ESG news at ESG Today: Sustainability Goals, Initiatives and Achievements Amazon Signs 1.9 to Look for Climate Investment Opportunities: Survey Guest Post – The Sustainability Crossroads: 3 Issues Investors Cannot Ignore

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The Global 100 list: How the world’s most sustainable corporations are driving the green transition

Corporate Knights

In the 2024 Global 100 ranking, the top-ranked firms allocated 55% of their investments to sustainable projects, up from 47% the year prior. That compares with sustainable investments at a paltry 17% among the broader universe of publicly traded companies with more than US$1 billion in annual revenue.