This morning the Schroder BSC Social Impact Trust plc confirmed that it has adopted the “Sustainability Impact” label and will continue to be considered an “impact fund” under the FCA’s Sustainability Disclosure Requirements and investment labelling regime.
The “Sustainability Impact” label identifies investment products that aim to achieve a pre-defined positive measurable impact in relation to an environmental and/or social outcome.
Susannah Nicklin, Chair of the Board said:
“On behalf of the Social Impact Trust Board, I am delighted to announce that today the Company is adopting the ‘Sustainability Impact’ label introduced as part of the FCA’s Sustainability Disclosure Requirements. We believe that we are one of the first investment trusts to adopt this label since its introduction. By applying the label, we aim to demonstrate to investors both the rigour of our impact practice and our commitment to transparency.”
Portfolio Manager, Hermina Popa, Manager Director, Better Society Capital said:
“The Social Impact Trust remains deeply committed to making investments targeting the reduction of poverty and inequality. We are proud to have helped positively impact thousands of people while delivering over £200 million in benefits for the public through savings to government and households since inception. We look forward to continuing our work delivering measurable social impact for disadvantaged people across the UK.”
Anna O’Donoghue, Global Head of Product Development, Schroders said:
“We firmly believe in the integrity and robustness of our wider sustainable and impact investment approach and are pleased that Schroder BSC Social Impact Trust PLC will be adopting the Sustainability Impact” label. This development will add clarity for our clients, ensuring they understand the positive impact of their investments and help them meet their sustainable investment objectives.”
Please find here the RNS announcement: Adoption of Sustainability Impact Label | Company Announcement | Investegate
