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4th June 2024

The FCA’s welcome Anti-Greenwash rule is now live

SRI Services is delighted to welcome the FCA’s new anti-greenwash rule which took effect on 31st May and has taken this opportunity to share a few thoughts that may help those effected by the new rule.

We have been seriously concerned about exaggerated and misleading sustainable investment related claims since the area ‘took off’ after the Paris Climate Agreement was signed in 2015 – and have made it clear that we believe this is storing up problems for the future. Risks include not only client disappointment and complaints but also the misallocation of capital and – ultimately – threatening our ability to address climate change and other sustainability challenges.

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