LuxFLAG was pleased to attend the China Finance Forum 2019 organised by Luxembourg for Finance on the 8th of October 2019.
A session was held on China’s Green Finance Revolution. China is rapidly transitioning from the factory of the world to being a global pioneer in sustainable energy and green finance. The panel discussed how Europe and China can work together to drive investment in ESG.
LuxFLAG was pleased to join the discussion with Fidelity and Columbia Threadneedle on what difference active managers can make in Sustainable Investing on the 26th of September 2019.
Although, there are several ways to approach susatinable investing, the paths share the same aim: combine invstor’s ESG priorities with investment returns. This lunch meeting took a deeper look into how this can be done.
Sachin Vankalas, the General Manager of LuxFLAG explained the importance of ESG today, what it means for professonal investors, how asset management companies can adapt their strategies and how independent cross border labels change this environment.
This was followed by a presentation of the Columbia social bonds fund and the Fidelity Sustainable water and waste fund.
LuxFLAG is pleased to have contributed to the Investment Funds special edition of Luxemburger Wort on 24 Sept 2019. Read more
LuxFLAG is pleased to have contributed to the ALFI special edition of Paperjam on 24 Sept 2019.
LuxFLAG, the Luxembourg Finance Labelling Agency, is pleased to announce that twenty-four new funds have been granted a LuxFLAG label bringing the total to 158 investment vehicles (84 ESG, 3 Climate Finance, 9 Environment, 32 Microfinance, 21 Green Bonds, 9 Applicant Fund status) as at the 24th September.
These products are domiciled in five jurisdictions viz. Belgium, France, Germany, Ireland and Luxembourg are managed in approx. 15 countries.
The number of LuxFLAG labelled investment vehicles grew by 53.4% since the beginning of the year reflecting the importance of highlighting the ESG credentials of fund products and strong growth in Sustainable investing.
The newly labelled ESG Funds are:
Funds which were granted the LuxFLAG ESG Label Applicant Fund Status are:
The newly labelled Microfinance fund is:
LuxFLAG Labels are valid for a period of one year and is subject to renewal on expiry.
For further information, kindly contact us for further information.
LuxFLAG is pleased to welcome welcome APC Group S.A.., DZ PRIVATBANK S.A. and Invesco Management S.A. as new members, counting in total 86 Associate members.
APC Group S.A.: The APC group has a corporate presence, plantations and agricultural projects on four continents, with operational projects at various stages from start-up to fully operational plantations and farms. Asia Plantation Capital Group is the owner and operator of a diverse range of commercial plantation and farming businesses globally. The group has provided sustainable forestry and agricultural land acquisition and development services to the global forestry and agricultural sector for more than 10 years.
DZ PRIVATBANK S.A.: Founded in 1977 DZ PRIVATBANK, specialize in private banking, fund services and loans in all currencies within the cooperative financial network.
Invesco Management S.A.: Invesco Management S.A. is a Luxembourg based Alternative Investment Fund Manager and UCITS Management Company. It is part of Invesco Ltd., a global independent investment management firm dedicated to delivering an investment experience that helps people get more out of life. Invesco globally is a signatory to the UNPRI, UK Stewardship Code and Japan Stewardship Code.
Are you interested in becoming an Associate member? Get further details here
L’entame de l’été a été rythmée par deux annonces majeures au sein de l’agence LuxFLAG: la nomination de Sachin Vankalas en tant que directeur général et celle de Denise Voss à la présidence de l’agence de labellisation. Celle-ci a vu son activité gonfler de près de 30% l’an dernier et la dynamique se maintient à en croire les chiffres de la mi-2019 qui font déjà monter le compteur à 136 labellisations contre 103 en 2018.
« L’industrie financière est sous surveillance constante pour sa responsabilité, sa transparence et ses actions dévouées au mieux-être économique et social de notre société. En tant qu’être un acteur européen clé dans la promotion de la finance durable, LuxFLAG a lancé l’idée de #LSIW, afin de fournir à ses membres une plate-forme qui leur permet de présenter leur engagement et leurs actions concrètes en faveur de la promotion de la finance durable », a déclaré Sachin Vankalas, directeur général de LuxFLAG
Sachin Vankalas, general manager of the Luxembourg Finance Labelling Agency (LuxFLAG), which certifies funds’ ESG credentials, says ESG is playing an increasingly prominent role in the PE space:
“The capital deployed via PE has the potential to have much more impact compared to investments in listed equities. Because PE holdings typically involve significant equity stakes in portfolio companies and board representation, GPs know their portfolio companies better and can influence underlying ESG strategies. Holding periods are also longer in many cases which is very compatible with sustainable investing.”
The Luxembourg Finance Labelling Agency is an independent and international non-profit association created in Luxembourg in July 2006 by seven private and public founding partners to support sustainable finance: the Luxembourg Government, ALFI, ABBL, ADA, the European Investment Bank, Luxembourg for Finance and the Luxembourg Stock Exchange (Charter members). In 2023, ACA has become the eighth Charter Member of LuxFLAG.
