A Sustainable Investment in Journalism

A sustainable business requires diverse revenue streams. ESG Investor now operates a subscription service as of Tuesday 14th May. To find out more please get in touch with our subscription team on subscriptions@esginvestor.net

Similarities in Luxembourg’s Sustainable Funds

A study by the Luxembourg Sustainable Finance Initiative (LSFI) and PwC Luxembourg has found shared characteristics between UCITS funds classified separately under Europe’s Sustainable Finance Disclosure Regulation (SFDR). The study said there was no difference in average carbon weighting across Luxembourg-domiciled Article 6, 8 or 9 funds, implying the latter still maintained some exposure to carbon-intensive companies. It also reported “significant overlap” in holdings across Article 6, 8 and 9 funds, with a 93% overlap in the pool of companies owned by Article 9 and Article 8 funds. Luxembourg-domiciled ESG funds registered €2.2 trillion in total assets at the end of June 2022, with PwC estimating the AUM of ESG UCITS funds domiciled in Luxembourg will pass €3.3 trillion by 2026. Over 53% of UCITS AUM in Luxembourg is invested in funds compliant with Article 8 or Article 9 funds. 

The practical information hub for asset owners looking to invest successfully and sustainably for the long term. As best practice evolves, we will share the news, insights and data to guide asset owners on their individual journey to ESG integration.

Copyright © 2024 ESG Investor Ltd. Company No. 12893343. ESG Investor Ltd, Fox Court, 14 Grays Inn Road, London, WC1X 8HN

To Top