Sustainable Finance

The Sustainable Finance Working Group aims to advance sustainable finance in capital markets, focusing on ESG principles. Initially prioritising environmental issues like climate change, it now includes social and governance aspects to foster sustainable practices in Luxembourg and beyond.

The primary goal of the Sustainable Finance Working Group is to seek out and champion sustainable finance initiatives linked to capital markets, encompassing a wide spectrum of environmental, social, and governance (ESG) considerations. Since its inception, the Working Group has prioritised environmental and green aspects. It is now expanding this remit to encompass social and governance issues.

Environmental aspects may cover efforts to mitigate and adapt to climate change, alongside broader environmental concerns such as biodiversity preservation, pollution prevention, and fostering a circular economy.

Social considerations address issues related to inequality, inclusivity, labour relations, investment in human capital and communities, and human rights.

Governance of both public and private institutions, including their management structures, employee relations, and executive compensation, is crucial for integrating social and environmental considerations into decision-making processes.

By focusing on these areas, the Working Group aims to support the development and growth of sustainable finance practices in Luxembourg and internationally.