Schroders’ recent announcement that it will include sustainability metrics in its next Assessment of Value (AoV) report is a “very positive” and “brave” decision that will allow for candid assessment of the firm’s integrity, according to some industry commentators, who believe the move will pave the way for other firms to follow suit.
Other investors, however, think the broader adoption of this practice may contribute to greenwashing rather than reduce it, warning that AoVs could become unappealing marketing tools "full of industry speak". Last Monday (13 September), UK asset management giant Schroders told PA's sister title Investment Week it will include sustainability data on each fund using its proprietary tools in its next AoV. The announcement came two months after a damning report from the Financial Conduct Authority (FCA), in which it said it expects "more rigour" from asset management firms' AoVs, stressin...
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