ILA and LuxFLAG are delighted to announce the start of their partnership to further enhance Governance and Sustainability in Luxembourg.
Our partnership
"In view of the ever-changing landscape, sustainability has become a key
issue for board members who have to ensure that organisations act responsibly,
remain relevant and competitive. The partnership between LuxFLAG and ILA will
help us to further support boards in providing strategic responses to these
demands".
Philipp von Restorff, ILA CEO
ILA and LuxFLAG, the Luxembourg Finance Labelling Agency join forces to promote excellence in governance and sustainability within the financial sector in Luxembourg.
This collaboration will leverage the strengths of both organisations to provide enhanced resources, training, and support for board directors and financial institutions committed to sustainable practices.
Isabelle Delas, CEO of LuxFlag, stated: "We are thrilled to join forces with ILA to advance our shared mission of promoting sustainable finance. Together, we will empower independent directors and financial industry leaders to integrate robust governance frameworks and sustainability principles into their operations, fostering a more responsible and resilient financial ecosystem.”
About LuxFlag
LuxFLAG (Luxembourg Finance Labelling Agency) is an independent and international non-profit association created in Luxembourg in July 2006 by seven private and public founding partners to support sustainable finance: ABBL, ADA, ALFI, the European Investment Bank, Luxembourg for Finance, the Luxembourg Stock Exchange and the Government of Luxembourg. In 2023, ACA became the eighth Charter Member of LuxFLAG.
The agency aims to promote the raising of capital for the Responsible Investment sector by awarding a recognizable label to eligible investment vehicles amongst others. The labels’ objective is to reassure investors that the applicant invests in the Responsible Investment sector.