Impact Investing Advisory Board (IIAB)
The LSFI Impact Investing Advisory Board (IIAB) has drafted a proposal to define impact investing targeting the Luxembourg ecosystem. This page presents the IIAB’s proposed definition of impact investing and seeks feedback from the financial sector, impact investing, and sustainable finance experts. It includes an introduction to the purpose of definition for impact investing, the definition proposed by the IIAB, and an open feedback page.
Why Defining Impact Investing
This initiative aims to establish a comprehensive, concise, and easily communicable definition by building consensus among local stakeholders, while ensuring strong alignment with global and European standards such as those of the Global Impact Investing Network (GIIN) and the European Impact Investing Consortium (EIIC). The process involved identifying and addressing areas of divergence, as well as highlighting Luxembourg’s unique characteristics that position the country as a key enabler in the field of impact investing.
What the Proposed Definition Is
The definition proposed by the IIAB, which is currently open for feedback, can be found below.
The IIAB’s considers that Impact Investing involves:
- investments made with an intention to contribute to solving social and/or environmental problems alongside a financial return,
- measuring and managing positive and negative impact,
- leveraging financial markets infrastructure,
- to finance companies or projects that aim to provide solutions to address social or environmental challenges.
Additional information with regards to the definition, the reasoning behind, and the methodology can be found in the concept note under the section “Complementary Resources”
Open for Feedback
To ensure the definition reflects the needs of the industry, the IIAB is currently seeking feedback from the financial sector, impact investing, and sustainable finance experts.
Feedback can be submitted using the button below.
