ESG Insurance Product

The LuxFLAG ESG Insurance Product is aimed at products that facilitate 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.

Launched in November 2021 as Europe’s first ESG label for insurance products.

Eligibility Criteria
Portfolio 100% screened
SFDR Article 8 or 9
Exclusion policy LuxFLAG ESG exclusions
ESG integration into investment process Minimum of 3 ESG strategies
Legal requirements Insurer must be regulated / supervised
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

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