The UK Sustainable Investment and Finance Association (UKSIF) has called on the Financial Conduct Authority to carry out further work on exploring whether a single, harmonised set of sustainable investing disclosures could be feasible in practice, and argued that some issues still need to be addressed regarding the UK's sustainable finance taxonomy.
Although UKSIF stated that it is broadly supportive of the FCA's tiered approach outlined in its recent discussion paper on Sustainability Disclosure Requirements, the group highlighted that there are still some issues to address. Regarding the implementation of a harmonised set of disclosures, UKSIF said that one way to achieve this would be the consideration of "a ‘layering' or ‘stacking' approach whereby firms provide detailed disclosures to a single source". SDR roadmap expected to shake up asset management industry Clients should then subsequently be presented the option of ha...
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