Rathbones Asset Management is to adopt the ‘Sustainability Focus’ label, under the Sustainability Disclosure Requirements (SDR), for the Rathbone Greenbank Global Sustainability Fund and the Rathbone Greenbank Global Sustainable Bond Fund.
Under SDR, the Financial Conduct Authority (“FCA”) introduced a new set of rules around sustainability-related products including enhanced disclosures, anti-greenwashing rules and voluntary product labels. RAM supports the FCA’s goal of improved transparency and clarity in sustainable investing, particularly to ensure better comparability and retail consumer understanding.
Rathbones has notified the FCA of its intention to use the voluntary labels introduced by the FCA under the SDR. The funds will use the Sustainability Focus label. The asset manager has also enhanced its disclosures to allow investors to understand its aims and processes in relation to the sustainability objectives of the funds.
The funds are now using the Sustainability Focus label. Other disclosure changes to the investment objective, investment policy and approach will also take place, including the addition of more detailed sustainability objective to the funds, which explains what the funds are aiming alongside their financial objectives.
Tom Carroll, Chief Executive of Rathbones Asset Management said: “RAM has long adhered to a research-led, bottom-up investment philosophy, focusing on qualitative factors that we believe are critical to identifying sustainable, long-term value.
“This process emphasises deep, company-specific research, considering factors such as management quality, corporate culture, and long-term strategy which promote our funds’ goals for a more sustainable world. We are committed to maintaining this assessment in our funds’ investment processes.”
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