Steps In The Right Direction (Podcast)

Isabelle Delas, the CEO of Luxembourg non-profit LuxFLAG, has seen awareness about sustainability grow considerably over the past years - with demand from customers and investors pushing more and more financial companies to reconsider their own products.

Photo - Ms. Isabelle Delas, CEO, LuxFlag

LuxFLAG was set up in 2006 as an independent and international association. It screens financial products and provides labels identifying them as being sustainable investments. Part of the validation process involves the deep screening of the product and the construction of the portfolio, as well as of the product's policies and processes, and all the underlying assets. Just as important is what it excludes, from controversial weapons and controversial jurisdictions to controversial behaviour, for example.