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AEW becomes first asset manager to confirm Day One adoption of FCA’s new Sustainability Impact label
Investors - JULY 1, 2024

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AEW becomes first asset manager to confirm Day One adoption of FCA’s new Sustainability Impact label

by Released

AEW has plans to adopt the new Sustainability Impact label, under the Financial Conduct Authority’s (FCA) voluntary Sustainability Disclosure Requirements (SDR) regime, for its UK Impact Fund (UKIF) starting July 31, 2024, the earliest date that such labels are available for use.

It would be one of the first asset managers to adopt, according to the release.

The FCA introduced four new labels for funds with sustainable characteristics under the SDR regime in 2023: Sustainability Focus, Sustainability Improvers, Sustainability Impact and Sustainability Mixed Goals. Working closely with Eversheds Sutherland, AEW’s UK Impact Fund has cleared the FCA fund authorization process for the adoption of new disclosures and will adopt the Sustainability Impact label on the first day that it is available.

Under the Sustainability Impact label requirements, AEW’s UKIF is committed to achieving sustainability and impact objectives. The fund has adopted a bespoke Impac

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