Sustainability

The fund industry plays a key role on the road to greater sustainability. It can become even more important, but the right course must be set.

© iStock.com/Ruslan_Khismatov

The EU is currently developing rules for sustainable investment. Through guiding capital flows, it aims to support sustainable economic sectors and production processes. The EU's goal is a climate neutral economy by 2050. The fund industry, as an important financial intermediary, thus has a key role to play and is happy to play it. As early as 2012, the German fund association BVI introduced 'Guidelines for Responsible Investing'.

However, to help the EU meet its ambitious climate change target, asset managers need to obtain the relevant data from companies for their stock selection, preferably from all companies worldwide. What asset managers do not need are rigid guidelines that mean that investors are no longer free to decide what they want to invest in. This would prevent an intensive debate on the sustainability of the companies in which investments are to be made and would replace it with a regulatory box ticking exercise. Ultimately, this would mean that the transition to more sustainable investments would not be dynamic and lose momentum.

News

Sustainability

24/6/2019

BVI on the latest ESG Taxonomy...

The good news is that the expert group does not want to limit the classification system to 100 percent "green" activities, but allows gradations. This...

more
© NicoEINino / Fotolia

Sustainability

24/5/2018

EU Commission sets the course

The German Investment Funds Association BVI sees the EU Commission's legislative package for the promotion of a sustainable financial system as mainly...

more
© peshkov / Fotolia

Positions

Sustainability

3/4/2019

Feedback on the TEG preliminary recommendations for an EU Green Bond Standard

download

Sustainability

22/2/2019

Feedback on the first round climate mitigation activities

download

Sustainability

22/2/2019

Feedback on the usability of the taxonomy

download

Sustainability

19/2/2019

BVI’s response to the ESMA consultation paper on integrating sustainability risks and factors in the UCITS Directive and AIFMD (ESMA34-45-569)

download

Sustainability

30/1/2019

Consultation Paper on Technical Advice on the integration of sustainability risks and factors in the delegated acts under Solvency II and IDD

download

Sustainability

25/1/2019

EU Ecolabel for Financial Products: 1st Stakeholder Questionnaire on the product scope and criteria definition

download

BVI's positions from A-Z

Combined Shape Created with Sketch.