LuxFLAG's General Manager Sachin Vankalas has been interviewed by Investment Officer.lu - the journalistic independent platform for investment professionals in Luxembourg. 

'166% growth for LuxFlag’s ESG fund labels'

ESG is becoming mainstream at an incredible pace. This is witnessed by the 166% growth in awarded ESG-labels for investment products by not-for-profit organisation LuxFlag over the past twelve months, says its general manager Sachin Vankalas in an interview with Investment Officer.

‘The growth in the number of applications for a label is clear evidence of the growing demand for sustainable financing and investments’, says Vankalas. LuxFlag believes the coronavirus outbreak stimulates awareness among investors that it is important to put pressure on (listed) companies to pay more attention to ESG factors such as employee rights, supply chain management and preparedness for extreme situations such as pandemics.

Read the full article here.