Innpact is happy to share the news of Claudia Dambax joining the LuxFLAG Climate Finance Label Eligibility Committee (“CFLEC”). The primary objective of the LuxFLAG Climate Finance Label is to reassure investors that the Investment Product invests at least 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.
Now more than ever for the climate, Innpact hopes that many more labelled Climate Finance investment products will be approved under LuxFLAG Climate Finance Label.
Innpact as an Associate Member to LuxFLAG Agency is proud to be part of sustainable finance and aware of its full potential as an active contributor.
Overall LuxFLAG counts 5 labels, namely:
- Climate Finance Label
- Environment Label
- ESG Label
- Green Bond Label
- Microfinance Label
The LUXEMBOURG FINANCE LABELLING AGENCY (LuxFLAG) 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).
The Agency aims to promote the raising of capital for sustainable investments by awarding a recognisable label to eligible investment vehicles. Its objective is to reassure investors that the labelled investment vehicles invest in the responsible investment sector. An applicant may be domiciled in any jurisdiction that is subject to a level of national supervision equivalent to that available in EU countries.
For additional information, please visit https://www.luxflag.org/