Climate Finance Label
Have a portfolio of investments corresponding to 75% of total assets in investments related, with a clear and direct link, to mitigation and/or adaptation of climate change or cross-cutting activities
Describe its Climate Finance objectives (environmental and financial) and be transparent towards investors in its portfolio composition and documentation
Comply with some legal and governance criteria
Seek a return on investment
Provide evidence that Environmental, Social and Governance (ESG) standards are incorporated in the investment process
Have a measurement mechanism in place and must provide a report on expected and realized results through indicators on an annual basis
Provide evidence that an exclusion policy is applied across 100% of its portfolio
Be authorized by a EU Member State or be subject to supervision equivalent to that in EU Member States
The application documents will be reviewed by LuxFLAG internally and the Eligibility Committees which give a recommendation to the Board of Directors taking the final decision.
LuxFLAG reserves the right to independently assess and evaluate the Applicant Investment Fund’s compliance with the above Eligibility Criteria and pertinence of the exclusion policy decided and applied by the fund.
APPLICANT FUND STATUS - "Label de Transition"
LuxFLAG’s Applicant Fund Status is available for newly launched funds in their initial subscription phase, showcasing their commitment to responsible investing principles. The Applicant Fund must commit to apply for a LuxFLAG Fund Label once eligible. Read more on the Applicant Fund Status