Introduction
The European Regulation (EU) 2019/2088 on sustainability-related disclosure requirements in the financial services sector, the so-called Sustainable Finance Disclosure Regulation (SFDR), requires financial market participants and financial advisors in the EU, to disclose on the integration of sustainability risks and the consideration of adverse sustainability impacts in their investment processes.
SFDR is an important milestone in the EU Commission’s Action Plan on Sustainable Finance. This regulation aims to provide greater transparency on the degree of sustainability of financial products in order to channel investment flows towards truly sustainable investments while preventing greenwashing.
The cornerstone of the SFDR is the principle of double materiality: financial as well as sustainability, making it easier for end-investors to understand how ESG and sustainability factors are considered and integrated into their investments.
Responsible investment practices are constantly developing and evolving. New risks may arise, public opinion may change and new market standards may be introduced.
Sustainability is an integral part of BIL’s Investment strategy and processes.
Lionel de Broux
Chief Investment Officer
“It is our belief that responsible investment is simply the right way to go, making the world more resilient, without sacrificing financial returns.”
Alessandra Simonelli
Head of Sustainable Development
“At BIL, we believe that sustainable and responsible investment is not hype, it’s a prerequisite for the future.”
