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jeudi 3 octobre 2024
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Fax du jeudi 3 octobre 2024 - Tous les titres

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Thousands of Luxembourg funds face growing pressure to adopt swiss climate scores

Amidst growing investor demand for sustainable investments, an estimated 5,600* Luxembourg-based funds distributed in Switzerland could be significantly impacted by the increasing adoption of the Swiss Climate Scores.   Introduced by the Federal Council in June 2022, these scores were developed in collaboration with the industry to position Switzerland as a leader in credible climate transparency. The scores assess the Paris alignment of financial investments using six indicators: greenhouse gas emissions, exposure to fossil fuel activities, global warming potential, verified commitments to net zero, credible climate stewardship, and management to net-zero.   While many Luxembourg funds have not yet formally adopted these metrics, experts believe that...
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