According to the FT Advisor, enthusiasm for sustainable investing has dropped sharply this year, with interest in ESG funds reportedly down by 83%. Many investors are pulling back, citing underwhelming returns and ongoing issues with greenwashing.

Meanwhile, the Financial Conduct Authority has introduced four new labels as part of its Sustainability Disclosure Requirements, or SDRs, to bring transparency to the often murky world of green investing.

For some, sustainable investing still represents the sector’s future, with potential for positive change. For others, however, the path forward is much less certain.

In this episode, I speak with Philip Spyropoulos, a legal expert and partner at Eversheds Sutherland who specialises in sustainable and responsible investing. We dive into the SDR framework and its aim to set realistic expectations for ESG and impact investing.