MSCI is set to drop 'ESG' and 'impact' labels from a swathe of standard and custom indices to comply with new rules on naming sustainability-related products in the EU and UK.
The MSCI ESG Leaders, MSCI ESG Screened, MSCI ESG Universal and MSCI ESG Focus indices will all see the ESG tag omitted from their names. Meanwhile, the MSCI Sustainable Impact indices will be renamed to MSCI Sustainable Development indices. FCA to allow 'temporary flexibility' on SDR naming and marketing rules Set to take effect from 3 February 2025, MSCI said the decision followed client consultation. "Through this decision MSCI will continue to provide its global client base with support to meet local regulatory requirements, in this case aligning with new rules on naming susta...
To continue reading this article...
Join Investment Week for free
Signup and gain exclusive members-only insights - all free of charge!
- Unlimited access to real-time news, analysis and opinion from the investment industry, including the Sustainable Hub covering fund news from the ESG space
- Get ahead of regulatory and technological changes affecting fund management
- Important and breaking news stories selected by the editors delivered straight to your inbox each day
- Weekly members-only newsletter with exclusive opinion pieces from leading industry experts
- Be the first to hear about our extensive events schedule and awards programmes
