LuxFLAG revises its Label Eligibility Criteria in alignment with SFDR requirements

LuxFLAG revises its Label Eligibility Criteria in alignment with SFDR requirements

LuxFLAG announces the revision of its Label Eligibility Criteria, in alignment with the EU Sustainable Finance Disclosure Regulation (SFDR) requirements.  The revision will affect the Eligibility Criteria of its Climate Finance, Environment, ESG and Microfinance Labels.

The principal changes to LuxFLAG’s Label Eligibility Criteria are the requirement for Applicant Investment Funds to comply with the requirements defined under Article 8 or Article 9.

Label NameType of LabelDisclosure requirements as per SFDR
LuxFLAG Climate Finance LabelImpact LabelArt 9
LuxFLAG Environment LabelImpact LabelArt 9 /Art 8
LuxFLAG Microfinance LabelImpact LabelArt 9
LuxFLAG ESG LabelSustainability Transition LabelArt 8 / Art 9

LuxFLAG envisages a transition period for the full compliance during the course of 2021.

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