02/08/2018
This article explains Luxembourg's strategy and its five main pillars for growing and successfully creating a nurturing ecosystem for all kinds of socially responsible investment (SRI) and environmental, social and governance (ESG) funds. It explores the upsurge of funds with a focus on SRI and ESG in the last 10 years and in particular since the signing of the UN Sustainable Development Goals (SDGs) in 2015 and the Paris Climate Agreement in 2016 and it reveals the different factors that have allowed Luxembourg to keep such a strong position for SRI and Islamic funds.
>> Florence Stainier and Bishr Shiblaq are the authors of this article and it was first published in Islamic Finance news Volume 15 Issue 31 dated the 1st August 2018.