About us

Who we are

LuxFLAG (Luxembourg Finance Labelling Agency) is an independent and international non-profit association created in Luxembourg in July 2006 by seven private and public founding partners to support sustainable finance: ABBL, ADA, ALFI, the European Investment Bank, Luxembourg for Finance, the Luxembourg Stock Exchange and the Government of Luxembourg. In 2023, ACA has become the eighth Charter Member of LuxFLAG

The agency aims to promote the raising of capital for the Responsible Investment sector by awarding a recognizable label to eligible investment vehicles amongst others. The labels’ objective is to reassure investors that the applicant invests in the Responsible Investment sector. 

Group 364

Milestones

2006.1
2006.2
2011
2014
2016
2017
2021
2022
2006
2006
2011
2014
2016
2017
2021
2022

Governance

HONORARY PRESIDENT
HRH

HRH the Grand Duchess Maria Teresa

Her Royal Highness the Grand Duchess Maria Teresa

Her Royal Highness the Grand Duchess Maria Teresa has been the Honorary President of LuxFLAG since 2006.

On 10 June 1997, Her Highness was made a Goodwill Ambassador for UNESCO, through which she aims to promote the education of young girls and women and fight against poverty through microcredits. Her commitment to social causes is reflected in her patronage of many charitable organizations in Luxembourg and abroad, and in her many trips to the world’s poorest regions.

LuxFLAG Board of Directors
In memory of Sachin Vankalas
LuxFLAG CEO
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Isabelle Delas

CEO of LuxFLAG

Isabelle Delas has joined LuxFLAG as CEO in May 2022.

She was formerly the Head of Luxembourg Branch of Finance in Motion GmbH, a leading impact asset manager, as well as a Member of the Board of Managers of FiM Asset Management S. à r. l.

Isabelle also worked in Rome (Italy) for the International Development Law Organization (IDLO), the intergovernmental organization (UN Observer) promoting the rule of law to advance peace and sustainable development globally, where she designed and developed technical assistance and capacity building programs with associated research on a wide range of topics, including environmental and social issues, good governance, gender and human rights, microfinance, procurement, in a number of developing and post-conflict countries.

Prior to joining IDLO, she was Assistant Professor at the University of Versailles-Saint-Quentin in Yvelines, France and Visiting Professor in the Master’s degree on “Management of Development Aid Projects in Africa” at the University of Paris XI, France.

She holds degrees at Post-Graduate and Master levels in Law from the University of Poitiers, France. She is also a volunteer member of the World Association for the Protection of Tangible and Intangible Cultural Heritage in Times of Armed Conflict (WATCH) and of the IUCN World Commission on Environmental Law.

Isabelle is currently a Member of the Boards of Directors of the Inclusive Finance Network Luxembourg (InFiNe.lu) and of the European Microfinance Platform (e-MFP) as well as a member of the ILA Sustainability Strategy Committee.

LuxFLAG Team

Sustainability Operations

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Ahmed Ouamara, CFA

Head of Sustainability Operations

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Rebecca Maroko

Sustainability Operations Manager

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Leonardo Valtierra

Senior Sustainability Operations Officer

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Alexandre Gaudin

Sustainability Operations Officer

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Sweety Choudhary

Sustainability Operations Associate

Human Resources, Finance, Administration & IT

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Mélodie Lebeau

Finance, Administration and IT Assistant

Communications & Marketing; Business Development

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Viola Strotz

Senior Communications & Marketing Officer

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Nishith Nirav

Business Development Executive

Legal & Compliance

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Chrysa Alexandraki, PhD

Senior Legal & Compliance Officer