Schroders has announced it is set to adopt Sustainability Disclosure Requirements (SDR) labels for a further three funds, resulting in each of the four labels being adopted spanning 16 funds.

These labels from the Financial Conduct Authority (FCA) encompass its ‘Sustainability Focus’, ‘Sustainability Impact’, ‘Sustainability Improvers’, and ‘Sustainability Mixed Goals' categories.

The latest announcement confirmed that the Schroder Sustainable Future Multi-Asset Fund​ will adopt the Sustainability Mixed Goals label, the Schroder European Sustainable Equity Fund will adopt the Sustainability Improvers label, and the Schroder Global Cities Real Estate fund will adopt the Sustainability Focus label.

This follows Schroders’ announcement in December that 10 funds would be adopting SDR labels, and its confirmation in January that its wealth management business Cazenove Capital would adopt labels for three of its funds.

The latest additions mean that Schroders plans to adopt each of the four labels across 16 funds.

The majority (12) of these funds will adopt the Sustainability Focus label, while two will have the Sustainability Impact label, one will adopt the Sustainability Improvers label, and the other will have the Sustainability Mixed Goals label.

Commenting on the label adoptions, Schroders head of product development and governance, Anna O’Donoghue, said: “We believe we are the first firm to publicly confirm the intended adoption of all four SDR labels across all the funds we have sought them for.

“We have been an early adopter of SDR, working closely with the FCA throughout to ensure our funds adhere to the required standards. We are appreciative of the FCA’s ongoing collaboration.

“The labels will help to differentiate our sustainable product range focused on delivering active outperformance, making it easier for clients who are seeking sustainable outcomes to identify opportunities to invest.”

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