FIA EPTA welcomes the opportunity to respond to the Financial Conduct Authority (FCA) Discussion Paper on Sustainability Disclosure Requirements (SDR) and investment labels (DP21/4). FIA EPTA members believe that for the normalisation of sustainable investing it should be organised in a similar way as with traditional investment products. FIA EPTA members believe that the secondary markets can play a vital role in the shift towards sustainable investing. For sustainable investments to function equally and grow in secondary markets, FIA EPTA members believe that derivatives, short-selling, and securities lending are integrated parts of what markets need and how they operate.