Large ETF issuers have indicated strong demand to launch ESG funds.
Large ETF issuers have indicated strong demand to launch ESG funds.
Last year ESG classified ETFs attracted $7.6bn in net new assets.
The recommendations propose disclosure of material ESG specific risks.
Another good year is expected in 2019.
A voluntary UK product label could be developed.
The regulator encourages issuers to consider the materiality of ESG matters.
Global spending on ESG indices has grown at annual rate of 37%.
Reports on taxonomy, carbon benchmarks and green bonds are due by June 2019.
The rules are part of the action plan on financing sustainable growth issued in May 2018.
