CP24/8: Extending the SDR regime to Portfolio Management

Read CP24/8 (PDF)

Why we are consulting 

We want to help consumers, including those who use portfolio management services, to navigate the sustainable investment market by extending the SDR and labelling package to portfolio management.

We consulted on including portfolio management in our earlier consultation, CP22/20. We received detailed, supportive feedback from the consultation and our recent engagement, which has helped us refine our proposals for this sector.

We are proposing to apply a broadly similar approach to labelling for portfolio managers as introduced for fund managers, to have a consistent approach and create a level playing field.

Who should respond

This consultation applies to:  

• firms providing portfolio management services

Next steps 

Please consider our proposals and send us your comments by 14 June 2024. 

Online response form

You can: 

• use the online response form. 
• write to us at ESG Policy, Financial Conduct Authority, 12 Endeavour Square London E20 1JN
• email us at [email protected].

We will consider all feedback and plan to publish our final rules in the second half of 2024.

Background 

This consultation follows our Consultation Paper (CP22/20) and corresponding Policy Statement (PS23/16) on Sustainability Disclosure Requirements and investment labels, which introduced a package of measures for fund managers.