14 Boulevard Royal L-2449 Luxembourg
Monday to Friday
8.30 am to 5 pm
Wallonie - Brussels
Chaussée de La Hulpe, 120 – 1000 Brussels
Kortrijksesteenweg 218 – 9830 Sint-Martens-Latem
Monday to Friday
8.30 am to 4.30 pm

Responsible and Sustainable Investment allows you to give meaning to your portfolio without sacrificing potential growth. You combine financial returns with a social and environmental contribution.

How does the Bank put Responsible and Sustainable Investment criteria into practice?

Give meaning to your investments by encouraging good practices and sustainable development models.

Application of Environmental, Social and Governance (ESG) criteria

Financial criteria alone are no longer enough to assess a company. Environmental, Social and Governance (ESG) criteria are the three pillars of its non-financial analysis.

Creating value for your wealth and for society

We strive to do business in a considerate and responsible way with regards to our clients, employees, shareholders and the community - and this is reflected in our investment solutions.

When you choose the socially responsible funds mandate, you are opting for a comprehensive wealth management solution that allocates your assets across various financial instruments that comply with Environmental, Social and Governance (ESG) criteria.


What is sustainable finance?

Sustainable finance is the financial sector's contribution to sustainable development through the redirection of capital towards companies and governments that are considered sustainable.

Sustainable finance takes different forms within the Bank’s business lines – investment, loans, corporate and professional banking.

 ESG criteria


Waste management, reduction of greenhouse gas emissions, environmental risk prevention, etc.


Accident prevention, staff training, respect for employee rights, the subcontracting chain, social dialogue, etc.


Independence of members of the board of directors, the management structure, the existence of an audit committee, etc.

From sustainable
development to
& sustainable investment
  • Sustainable Development Goals (SDGs)
  • Principles for Responsible Investment (PRIs)
types of investment
  • Traditional investments
  • Responsible investments
  • Sustainable investments
  • Impact investments
  • Exclusion
  • ESG integration                                                                                                  
  • European policy for sustainable finance
  • Focus on the SFDR regulation
  • Focus on the Taxonomy
Impact investing

Characteristics of impact investing:

  • Additionality
  • Intentionality
  • Measurability

CSR, ESG, SRI, SDGs: where to start?


Test your knowledge

environmental, social and governance (ESG) issues

Estimated time for the quiz: 2 minutes

The acronym ESG appeared for the first time in 2005.
What does it mean?
Answer: Environmental, Social, Governance

Did you know?
The first official appearance of the acronym ESG (environmental, social, governance) was in a study by the International Finance Corporation.

Which of the following situations respect the “social” criteria of ESG?
Answer: All answers are correct

Did you know?
In the ESG area, the social criteria relates to themes such as diversity and inclusion, gender equality, the right to education and the right to work.

Which of the following situations respect the “governance” criteria of ESG?
Answer: A separation between the chairperson and chief executive officer

Did you know?
In the ESG area, the governance criteria relates to the overall management of a company, its transparency, management risk and the diversity of its board of directors.

Which was the first country to launch a green bond* in 2007? *A green bond is debt issued by a company or public entity to raise proceeds that will be used to finance projects that support environmental transition.
Answer: Luxembourg

Did you know?
A green bond is a debt security issued on a market and intended to finance projects to combat global warming and to support the energy transition. With over 660 listed green bonds in June 2022, Luxembourg is one of leading financial markets for this asset class.

What are the characteristics of a “sustainable investment”?
Answer: All answers are correct

Did you know?

Sustainable investment – Assessment criteria

1 Positive contribution An investment in an economic activity that contributes to an environmental objective or that contributes to a social objective
2 DNSH providing these investments do no significant harm (DNSH) to any of these objectives
3 Minimum safeguards and that the companies in which investments are made apply good governance practices.
What percentage of investments were made in socially responsible (SRI) funds in Europe in 2021?
Answer: EUR 2 trillion of assets under management, which represents 24% of European assets in 2021

Did you know?
Rising steadily for over 10 years, assets under management in SRI funds in Europe reached close to EUR 2 trillion in June 2021, more or less 24% of the total assets of funds distributed in Europe. 

How do you construct a portfolio with a “sustainable and responsible” objective?
Answer: All answers are correct

Did you know?
There are various methods for investing responsibly, by combining a variety of characteristics. The most widespread are: 

  1.  Exclusions, i.e. not investing in companies generating revenue in sectors or products that are considered harmful for the environment or that place insufficient value on human rights.
  2.  Best in class means investing in companies that are among the best in their category based on analysis of their ESG data.
When does the European Union aim to achieve carbon neutrality*? * a balance between emitting and absorbing greenhouse gases
Answer: 2050

Did you know?
The principle of carbon neutrality is based on a balance between emitting carbon and absorbing carbon from the atmosphere in carbon sinks. To achieve net zero emissions, all greenhouse gas emissions must be offset by carbon sequestration.When unveiling its Green Deal for Europe in 2019, the European Union made a commitment to achieve carbon neutrality by 2050. The European Climate Law establishes the framework for achieving climate neutrality in the European Union as a legal obligation.   


Of course you’ve still some way to go. But thankfully, there are resources available to help improve your understanding of responsible investment!


You’re already well acquainted with responsible investment and have a sound basis for understanding the characteristics of responsible investment products.


You’re familiar with the major issues underpinning sustainable finance and the overriding characteristics of the various types of responsible investments!



Our management company is also committed

In July 2017, BLI – Banque de Luxembourg Investments signed the United Nations Principles for Responsible Investment (UN PRI). This was followed by the creation of an internal ESG committee and the implementation of an environmental, social and governance (ESG) policy. 


Policy for integrating ESG factors into management mandates

Did you know that our socially responsible fund management mandate has been granted the LuxFLAG label? This label is used to highlight the sustainable development accreditation of the most ambitious investment products in terms of sustainability.

For more information

Alice Weill
Senior Portfolio Manager
Alice Weill
Senior Portfolio Manager