The UK’s financial watchdog is seeking views from market participants on how investment products should be labelled with regard to their sustainability and corporate social responsibility profiles. The Financial Conduct Authority said it was also gathering opinions on supporting entity-level and product-level disclosures. The announcement was made on Finance Day at the COP26 UN climate summit in Glasgow. The findings will shape policy proposals that will go out for consultation in the spring, the FCA said. In its latest Financial Lives survey, the regulator found that 80 per cent of respondents said they wanted their money to “do some good”.
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UK’s FCA Seeking Views on ESG Product Labelling
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