Supporting Sustainability Disclosure Requirements

We are updating our platforms to meet the FCA’s latest PS23/16 Sustainability Disclosure Requirements (SDR) and investment labels. The regulations aim to improve the trust and transparency of sustainable investment products.

These new requirements mean that distributors of sustainable funds need to ensure that clients have access to information on a fund’s sustainability credentials.

The updates will help advisers identify the funds which have sustainability labels applied by fund managers and give access to sustainability consumer facing disclosure documents where applicable. 

Planned platform updates

Wrap platform journeys have been updated with the new SDR labels and disclosure documents as part of the latest platform release over the weekend.

SDR labels have also been added to the new ESG Hub on Wrap. This means you can easily identify if your clients are investing in funds that require additional SDR information and directly download the relevant disclosure documents from the new ESG Hub.

We plan to add SDR labels and consumer facing disclosure documents to the Elevate platform journeys in the next platform release in the coming weeks and we will confirm as soon as this work has been completed.

In the meantime, you and your clients can access this information directly from fund managers websites or via the climate disclosures webpage.