CFA SOCIETY LUXEMBOURG hosted a further ESG event where participants delved into the LuxFLAG ESG Label and its profound impact on asset allocation.

In an engaging and enlightening discussion together with Société Générale Private Wealth Management and LuxFLAG, participants explored how this esteemed label has become a symbol of trust and transparency in the sustainable investment landscape.

As of 1 January 2023, LuxFLAG labelled 341 investment products from 110 different asset managers domiciled across 9 jurisdictions, for an equivalent amount of 183 bn Euros of Assets under Management.

Ahmed Ouamara, CFA, Head of Sustainability Operations at LuxXFLAG shed light on the rigorous criteria put in place by LuxFLAG to evaluate and certify investment vehicles, empowering investors to make decisions aligned with their environmental, social, and governance values.

Through case studies and real-world examples, Petra Besson Fencikova, CFA, Head of ESG Investments at SGPB will showcase the tangible impact of a LuxFLAG Label on asset allocation strategies, highlighting the opportunities it creates for sustainable investment portfolios.