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November 16, 2023

Fund managers falling short on ESG ahead of SDR unveiling, says FCA

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The FCA says some companies are providing products that are not consistently aligned with sustainability goals (Photo: Toby Melville/Reuters)

The UK’s financial regulator says more work is needed from fund managers to embed its ‘guiding principles’ on ESG

With the Financial Conduct Authority set to unveil its Sustainability Disclosure Requirements before the end of the year, fund managers still have work to do to meet the regulator’s expectations over environmental, social and governance factors.

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