Schroders gets SDR label on 10 funds including Greencoat UK Wind
Schroders has adopted the FCA’s new sustainability disclosure requirements (SDR) labels on 10 of its funds, including two investment companies.
Large funds gaining an SDR label include the £3.1bn Greencoat UK Wind (UKW ) investment company which gains the sustainability focus impact label, alongside the £65m Schroder BSC Social Impact Trust (SBSI ).
The announcement comes on the day of the initial deadline for the SDR ‘naming and marketing’ rules, which were extended to 2 April 2025 earlier in the Autumn.
Schroders is also the first asset manager to gain an SDR label on a fixed income strategy: the Schroder Sustainable Bond fund. This is a relative minnow, however, with assets of £64m.
Large open-ended funds gaining a sustainability focus label include the £1.1bn Global Sustainable Value Equity and £1.8bn Sustainable Multi-Factor Equity funds.
The full list of Schroders funds gaining an SDR label is below:
table.tableizer-table { font-size: 12px; border: 1px solid #CCC; font-family: Arial, Helvetica, sans-serif; } .tableizer-table td { padding: 4px; margin: 3px; border: 1px solid #CCC; } .tableizer-table th { background-color: #104E8B; color: #FFF; font-weight: bold; }Name | Fund Size GBP (£m) | SDR Label |
---|---|---|
Schroder Global Sustainable Value Equity | 1063 | Sustainability Focus |
Schroder Global Energy Transition | 258 | Sustainability Focus |
Schroder Sustainable UK Equity | 38 | Sustainability Focus |
Schroder Global Sust Food & Water | 32 | Sustainability Focus |
Schroder Global Sustainable Growth | 231 | Sustainability Focus |
Schroder Sus Multi-Factor Eq | 1810 | Sustainability Focus |
Schroder Sustainable Bond | 64 | Sustainability Focus |
Greencoat UK Wind | 3100 | Sustainability Focus |
Schroders Capital Real Estate Impact | Sustainability Impact | |
Schroder BSC Social Impact Trust Ord | 83 | Sustainability Impact |
Although several funds have now received an SDR label, the new scheme has had a slow start and there are concerns that it will fail to reach critical mass.
Big players like Vanguard and sustainable specialist Stewart Investors have pulled back from the labelling system entirely, and more may follow suit.