The FCA's Sustainability Disclosure Requirements (SDR) regime is the UK's flagship ESG regime, set to apply from May 2024 onwards. The SDR is primarily a product labelling regime which is accompanied by entity-level disclosure requirements, new anti-greenwashing guidance and ESG marketing requirements.

This implementation guide provides a practical overview of the regime and key points for firms to consider when launching an SDR labelled fund and completing entity-level disclosures. Split into six briefing papers, our implementation guide covers:

This guide also considers the interaction between the SDR and the EU's Sustainable Finance Disclosure Regulation (SFDR) regime. The FCA received substantive feedback to its consultation on the SDR on the importance of interoperability between the SDR and SFDR regimes, and we explore whether this has been a success.

Other Resources

In case you missed the webinar related to this topic, you can access our ESG Regulatory Evolution in 2024: SDR, SFDR and Beyond Webinar which we hosted in January. Speakers included Caitlin McErlane (Chair), Shaneil Shah, Adam Jacobs-Dean (Managing Director, AIMA) and Tonia Plakhotniuk (Vice President, Climate & ESG Capital Markets of NatWest). 

You can also visit our dedicated resource page to access all recordings in our Demystifying ESG Webinar Series.

We hope these briefings will provide useful insight for you. If you have any queries or would like to discuss the contents of the briefings further, please do get in touch with a member of the team.

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