LuxFLAG and ILA to partner to enhance governance and sustainability in Luxembourg

LuxFLAG and ILA to partner to enhance governance and sustainability in Luxembourg.

LuxFLAG and the Luxembourg Institute of Directors (ILA) are delighted to announce the beginning of their partnership to enhance governance and sustainability in Luxembourg.

LuxFLAG, the Luxembourg Finance Labelling Agency, and ILA, the Institute Luxembourgeoise des Administrateurs, are delighted to announce their partnership aimed at promoting excellence in governance and sustainability within the financial sector in Luxembourg.

This collaboration will leverage the strengths of both organizations to provide enhanced resources, training, and support for board directors and financial institutions committed to sustainable practices.

Isabelle Delas, CEO of LuxFLAG, stated: “We are thrilled to join forces with ILA to advance our shared mission of promoting sustainable finance. Together, we will empower independent directors and financial industry leaders to integrate robust governance frameworks and sustainability principles into their operations, fostering a more responsible and resilient financial ecosystem.”

“In view of the ever-changing landscape, sustainability has become a key issue for board members who have to ensure that organizations act responsibly, remain relevant and competitive. The partnership between LuxFLAG and ILA will help us to further support boards in providing strategic responses to these demands”, says Philipp von Restorff, CEO of ILA.

About ILA:

ILA is the first interlocutor on Corporate Governance in Luxembourg and therefore is instrumental in the determination and the promotion of good and sustainable conscious Corporate Governance.

ILA’s mission is to support all directors and governance professionals, be the governance arm to all industries in the Luxembourg ecosystem and enhance the application of best governance practices.

ILA is the voice of governance matters as a multi-industry association as well as is an ambassador of Luxembourg as a strong business place for good governance.

Stay tuned for more updates and initiatives as we embark on this exciting journey together.

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