ESG Discretionary Mandate

The LuxFLAG ESG Discretionary Mandate label is intended for risk management products that contribute to the transition towards mitigation and adaptation to the climate crisis, as well as to other environmental and social issues included in the United Nations’ Sustainable Development Goals.

Eligibility Criteria
Portfolio 100% screened (“look through” applied)
SFDR Article 8 or 9
Exclusionary policy LuxFLAG ESG exclusions
If DM invested through funds 75% of funds Article 8 or 9
Legal requirements Authorized under discretionary portfolio management agreement or wealth management agreement
Transparency / disclosures Mandatory
Application Cycle
Application Session Q1 Q2 Q3 Q4
Application submission deadline 31 Dec. 31 Mar. 30 Jun. 30 Sept.
Sample selection / evidence collection 25 Jan.* 25 Apr.* 25 Jul. * 25 Oct. *
LuxFLAG Team review  and

Management review

Jan. – early Mar. Apr. – early Jun. Jul. -early Sept. Oct. – early Dec.
LuxFLAG Eligibility Committee review Early / Mid Mar. Early / Mid Jun. Early / Mid Sept. Early / Mid Dec.
LuxFLAG Board review End Mar. End Jun. End Sept. End Dec.
Communication of decision 29th Mar. 29th Jun. 29th Sept. 21st Dec.

*The sample selection can only be conducted by 25th Jan./Apr./July/Oct. if the application package has been provided in due time. Otherwise the sample selection will be treated on a best effort basis.


If you have any questions regarding the label application, please send a mail here

Scroll to Top