LuxFLAG LABEL

ESG Discretionary Mandate

The LuxFLAG ESG Discretionary Mandate Label (ESGDML) is for DM products that assist with the transition to mitigate and adapt to the climate crisis, as well as other environmental and social issues embedded in the United Nations Sustainable Development Goals.

Eligibility Criteria
Portfolio100% screened (“look through” applied)
SFDRArticle 8 or 9
Exclusionary policyLuxFLAG ESG exclusions
If DM invested through funds75% of funds Article 8 or 9
Legal requirementsAuthorized under discretionary portfolio management agreement or wealth management agreement
Transparency / disclosuresMandatory
Application Cycle
Application SessionQ1Q2Q3Q4
Application submission deadline31 Dec.31 Mar.30 Jun.30 Sept.
Sample selection / evidence collection25 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 reviewEarly / Mid Mar.Early / Mid Jun.Early / Mid Sept.Early / Mid Dec.
LuxFLAG Board reviewEnd Mar.End Jun.End Sept.End Dec.
Communication of decision29th 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.

RESOURCES

If you have any questions regarding the label application, please send a mail to communications@luxflag.org