The Luxembourg Sustainable Finance Initiative (LSFI), in collaboration with PwC Luxembourg, has conducted the study “Sustainable Finance in Luxembourg – A quantitative and qualitative overview” which assesses the sustainable finance segment in Luxembourg.
One of the Luxembourg Sustainable Finance Strategy Pillars and key actions foresees the LSFI to measure the progress of the financial sector within the context of its efforts towards Sustainable Finance. To pursue this objective, the LSFI decided to conduct a study to assess the Sustainable Finance segment in Luxembourg in order to understand where the sector stands, what the key trends are and what strategies towards sustainability are used.
In this regard, the study takes a deep dive into the sustainable finance industry, analysing the main ESG strategies implemented through sectoral analysis and asset classification breakdowns, among other dimensions. It also presents leading sustainable finance investment practices in Luxembourg and describes the current impact assessment framework, aiming to complement other studies and identify gaps in the existing framework so as to determine actions for improvement.