Duo of T. Rowe Price funds secure SDR impact label

The T. Rowe Price OEIC Global Impact Credit and OEIC Global Impact Equity funds have gained approval to use the Sustainability Impact label under the Financial Conduct Authority’s Sustainability Disclosure Requirements (SDR) regime from early next year.

Managed by Matt Lawton (pictured), the Global Impact Credit fund carries a dual mandate, targeting positive environmental and social impact alongside financial return. According to T. Rowe Price, the fixed income market is an essential channel to direct capital toward activities and projects supporting environmental and social outcomes. Further, the continued growth, diversification, and innovation occurring within the ESG-labelled bond market “offer exciting opportunities to provide direct financing to projects aiming to deliver positive and measurable impact”.  

The Global Impact Equity fund is managed by Hari Balkrishna. Due to its dual mandate of impact and financial returns, the fund invests in listed companies offering an environmental or social positive impact with strong earnings and cash flow growth.

Nataline Terry, head of distribution, UK and Ireland, at T. Rowe Price, commented: “The Sustainability Impact label provides significant benefits for our clients by ensuring transparency and accountability, allowing investors to make informed decisions aligned with their values and sustainability goals.  

 “Ultimately, securing the Sustainability Impact label reinforces our commitment to impact investing and validates our funds’ approach to contribute to measurable and real-world outcomes. 

“Impact is achieved within an investment portfolio not only by investing in companies that can make a difference to the environment or society, but also by engaging with companies in a number of impact-related themes.”