As of today, five Kempen funds are entitled to carry the Febelfin sustainability label. It has been a year since the Belgian organization Febelfin, in consultation with its stakeholders, has developed a quality standard for sustainable financial products, including investment funds. Products that comply with the requirements for this standard are awarded the sustainability label. In the first round of last year, Kempen received the label for 4 funds, to which a fifth fund was added in this round. Kempen is pleased with this recognition of the ESG approach. The label guarantees that the funds invest in a sustainable and socially-responsible manner.
Thanks to the quality standard and sustainability label, consumers can be certain that they are not investing in harmful business operations, but instead in companies with a clear sustainability strategy and transparent policies on issues that are the focus of societal debate.
The following funds have been awarded the sustainability label:
- Kempen (Lux) Global Sustainable Value Creation Fund
- Kempen (Lux) Euro Sustainable Credit Fund
- Kempen (Lux) Global Property Fund
- Kempen (Lux) Global Small-cap Fund
- Kempen (Lux) Sustainable European Small-cap Fund
Delighted
The quality standard is an important prerequisite for operating on the Belgian market, says Loes Wingens, director of Wholesale Distribution at Kempen Capital Management. ‘Obtaining the Febelfin label was already a very important milestone for Kempen in Belgium last year. Now that we are getting this appreciation for more funds the second time, of course makes us extra happy. The quality standard is a household name in the industry and was developed in conjunction with several Belgian banks. They are committed to using it and a number have already announced that for their sustainable strategies they only wish to work with those funds that have been awarded the quality standard. Febelfin is creating clarity on sustainability in the Belgian market via this standard. At Kempen, we invest in responsible investments for the long term and are convinced that widespread active engagement by shareholders contributes to positive change.’