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Published date: 25 October 2022

CP22/20*** - Sustainability Disclosure Requirements (SDR) and investment labels (updated 29 March 2023)

Closed
25 January 2023

View this consultation in the FCA tracker table

We are proposing to introduce a package of measures aimed at clamping down on greenwashing. This includes sustainable investment labels, disclosure requirements and restrictions on the use of sustainability-related terms in product naming and marketing.


CP22/20***

Why we are consulting 

We are concerned that firms are making exaggerated or misleading sustainability-related claims about their investment products; claims that don’t stand up to scrutiny (greenwashing). This may lead to consumer harm and erode trust in the market for sustainable investment products.

Our proposals aim to build transparency and trust by introducing labels to help consumers navigate the market for sustainable investment products, and ensuring that sustainability-related terms in the naming and marketing products are proportionate to the sustainability profile of the product. We are also proposing disclosure requirements, including accessible consumer-facing