Sustainability deadlines looming: here’s what to look out for
There are less than five months to the first sustainable finance disclosure regulation (SFDR) deadline, and the next is just eight months away. Stéphane Badey, a partner with Arendt & Medernach speaking at the recent LuxFlag Sustainable Investment Week on 14 October, highlighted some of the key concepts.
‘Investors must hold big tech to account’
Many technology companies have risen to dominance in a relatively short space of time, with legislators struggling to keep up the speed. Large investors should do their bit by constantly reminding these companies of their responsibilities, say Jon Guinness (photo) and Sumant Wahi, managers of Fidelity International’s Global Communication Fund.
The pair spoke out on this digital ethics in the margin of the annual (now virtual) Sustainable Investment Week of sustainability label Luxflag.
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.
Luxflag webinar: ‘Pandemic increases need for ESG disclosure’
The coronavirus outbreak has increased the need for more granular ESG data. However, such data are still difficult to collect as they are often not disclosed by companies. This needs to change fast in anticipation of upcoming EU rules, said participants in a webinar on the topic organised by Luxflag on Wednesday.