INREV files response to Commission’s SFDR consultation
On 6 December, INREV filed a comprehensive response to the European Commission’ SFDR consultation, urging them to adopt a labelling regime that would better support transition strategies and the sustainability efforts of the real estate asset class. This industry-aligned response comes days after the FCA published details of the UK’s SDR regulation, which includes the welcome addition of a ‘sustainability improver’ label to accommodate transition funds.