Spotlight on Investors: Fondation de Luxembourg
8-Mar-2021 10:34:21 AM
Created in 2008 by the Luxembourg State and the Oeuvre Nationale de Secours Grande-Duchesse Charlotte, Fondation de Luxembourg now supports and guides donors who wish to make a long-term commitment to the development of philanthropic projects.
As part of its responsible investment practices, Fondation de Luxembourg applies negative and norms-based screening on controversial weapons, pornography, tobacco, and countries on which the European Union has imposed sanctions. Moreover, it favors socially responsible investment funds with an ESG label granted by an independent labelling agency, instruments that have a clear ESG focus for index-tracking investments, and investments in microfinance and impact funds. Furthermore, when selecting an asset manager, the foundation reviews their socially responsible investment practices. Fondation de Luxembourg became a UN PRI signatory in December 2020.
Socially Responsible Investment Policy