LuxFLAG is proud to announce the launch of its newest label, the Social Impact Label, designed to recognize investment products that strategically contribute to positive, measured and managed social outcomes.
This milestone reflects LuxFLAG’s mission to advance responsible finance and aligns with its commitment to fostering social and inclusive investments globally.
Key features of the Social Impact Label:
- Contribution to Social Impact: Recognizes investments with a majority of assets aligned to foster decent work, improve living standards, and support inclusive and sustainable communities, while avoiding or mitigating negative impact.
- Thematic alignment: Assets are selected based on their contribution to key Social Impact Themes, supported by methodologies and indicators ensuring positive impact.
- Transparency: Social impact measurement and reporting adhere to globally recognized frameworks and standards, ensuring clear communication with stakeholders.
- Robust due diligence: Comprehensive social safeguards and exclusionary criteria ensure investments meet the highest ethical standards.
This label is a significant step forward in recognizing and supporting investments that go beyond financial returns to make a tangible difference in people’s lives.
“At LuxFLAG, we believe that responsible finance has the power to transform communities and lives. The Social Impact Label underscores our commitment to positive, measured and managed change in the world,” said Isabelle Delas, Chief Executive Officer, LuxFLAG.
This press release can be downloaded in English, French and German.
To learn more about the eligibility criteria of the Social Impact Label, please click here.
