News
Thematic review of sustainability disclosures for funds having sustainable investments as an objective
The Danish Financial Supervisory Authority (the Danish FSA) has conducted a thematic review of sustainability disclosures in prospectuses and key investor information documents (KIIDs) for eight funds that have sustainable investments as an objective (also known as “fully sustainable” funds). The review shows that the management companies (MCs) for the eight funds have not ensured that the funds disclose information on sustainability in a clear, adequate and comprehensive manner. The sustainability disclosures are, therefore, insufficient on several material areas.