Over the course of two days government and industry bodies representing the EU and Luxembourg defended EU sustainability regulation, which has come under criticism over recent months for being opaque and unfit for purpose.
One speaker even highlighted part of the issue is people are mistaken in thinking Article 8 funds are green funds. Set inbetween Luxembourg's old town and highly modern financial district, the ALFI European Asset Management Conference dedicated three and a half hours solely to ESG, with other panels not in that time period still straying into the conversation. While the conversations touched on several different aspects of ESG investing and its impact on asset management, the panellists kept returning to EU Sustainability Taxonomy. Marc-André Bechet, deputy director general of the ...
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