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February 5, 2024

In Charts: Sustainable funds dominate launches in Q4 2023

Solar panel farm
Under the SFDR, Article 9 funds must have a sustainable objective, while funds that promote social and or environmental characteristics are designated as Article 8 (Photo: Jamshaid Anwar/Envato)

European funds continue to amend their classifications under the Sustainable Finance Disclosures Regulation

Nearly three-fifths of funds launched in the final quarter of 2023 were classed as sustainable, while four funds were downgraded from Article 9 status to Article 8 under the EU’s Sustainable Financial Disclosures Regulation, according to Morningstar Direct analysis.

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