As soon as the taxonomy becomes clearer in 2019, the Commission will create “ EU Ecolabels” for financial products and will explore possible measures to 

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INVESTMENT ASSOCIATION RESPONSE TO EU ECOLABEL TECHNICAL REPORT Introduction The Investment Association (“IA”) thanks the Joint Research Centre (“JRC”) for the opportunity to participate in the development of EU ecolabel criteria for retail financial products.

The label is a tool that aims to increase sustainable finance flows. Wie das EU Ecolabel for Retail Financial Products letztlich aussehen wird, hängt maßgeblich von den demnächst stattfindenden Verhandlungen ab. In einem Online-Seminar wollen wir uns den aktuellen Stand rund um das EU Ecolabel ansehen, über zentrale Aspekte und Herausforderungen diskutieren und einen Blick in die laufenden Verhandlungen werfen. Framework Directive 2008/98/EC) and the Industrial Emissions Directive (Directive 2010/75/EU).

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The objectives of this questionnaire are to: Obtain your views on what should be considered within the scope of the new EU Ecolabel criteria for financial products; The European Commission wants to create a trusted and verified label for retail investors, who would benefit from better comparability of financial products. The EU Ecolabel aims to address several issues for asset managers, including reputational risk from potential allegations of greenwashing. Illustrated by the ‘EU flower’, the availability and recognition of organic products increased rapidly, which, in turn, raised public awareness. Now as part of the EU Action Plan on Sustainable Finance, an EU Ecolabel for Financial Products is under development – a move welcomed by WWF France. “The … 20 December 2019, the JRC published the second technical report with scope and criteria proposals for the development of EU Ecolabel for retail financial products. 13 July 2020 , the JRC published a report that aims to carry out a test on the application of draft criterion I for equity funds to a sample of 101 “green” UCITS equity funds domiciled in the EU27.

Q #2 An EU “ecolabel” for financial products is in the works. Efforts to close the urban green investment gap need to be urgently scaled up to provide access to technical support and financing for low-carbon infrastructure for thousands of cities, the European Union’s High Level Conference on Sustainable Finance has heard.

The "Austrian Ecolabel" was created on the initiative of the Federal Ministry of Environment in 1990. This label provides the general public with information on the environmental impact of consumer goods that arises from their production, usage and disposal and attracts the attention of consumers to alternative environmentally friendly products.

The European Ecolabel project on financial products is part of the European Commission’s initiatives under its 2018 action plan for financing sustainable growth. Together with other measures, it is intended to encourage the orientation of financial flows towards sustainable investment and, in particular, to mobilise the assets held by retail savers to this end.

Eu ecolabel for financial products

Responses to the consultation on the EU Ecolabel first technical report, published in March 2019. I would like access to submitted responses from all stakeholders who participated in this consultation. Please produce the documents on a rolling basis. I would prefer that the JRC’s search and deliberations concerning particular documents not delay the production of documents the JRC has

The objectives of this questionnaire are to: Obtain your views on what should be considered within the scope of the new EU Ecolabel criteria for financial products; The European Commission wants to create a trusted and verified label for retail investors, who would benefit from better comparability of financial products. The EU Ecolabel aims to address several issues for asset managers, including reputational risk from potential allegations of greenwashing. Illustrated by the ‘EU flower’, the availability and recognition of organic products increased rapidly, which, in turn, raised public awareness. Now as part of the EU Action Plan on Sustainable Finance, an EU Ecolabel for Financial Products is under development – a move welcomed by WWF France.

The development of the EU Ecolabel for Retail Financial Products is based on the European Commission's recently adopted Sustainable Finance Action Plan and the EU Ecolabel is anticipated to contribute to the attainment of the Action Plan by encouraging investments in the sustainable economic activities. The EU Ecolabel for Retail Financial Products is being developed by Unit B5 - Circular Economy and Industrial Leadership, as well as Unit B1 - Finance & Economy of the Joint Research Centre The Commission is currently developing the EU Ecolabel for Retail Financial Products within the framework of the Sustainable Finance Action Plan.
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Eu ecolabel for financial products

Key experts, in consultation with main stakeholders, develop the criteria for each product group in order to decrease the main environmental impacts over the entire life cycle of the product. Because the life cycle of every product and Ecolabel for financial products Reclaim Finance’s comments on the third technical report The EU is exploring the possibility of creating an Ecolabel for financial products (investment funds, savings products, fixed-term deposit, and savings deposit accounts) and tasked its research committee – the Joint Research Committee or JRC - to work on it. The EU Ecolabel criteria for financial products are expected to contribute to the attainment of the Action Plan by encouraging investments in sustainable economic activities. The objectives of this questionnaire are to: Obtain your views on what should be considered within the scope of the new EU Ecolabel criteria for financial products; The European Commission wants to create a trusted and verified label for retail investors, who would benefit from better comparability of financial products.

As an industry, we work hard to serve our clients' diverse objectives through  A well-designed EU Ecolabel has the potential to provide clear guidance on the financial products retail investors can invest in, if they wish to support  Apr 23, 2018 The European Commission's Sustainable Finance Action Plan aims to boost investment An EU "ecolabel" for financial products is in the works. Mar 18, 2021 For financial products, this translates into the search for a positive ecological impact. The extension of this approach to savings and investment  The EU Ecolabel is a voluntary scheme that provides producers with an opportunity to market their products or services with a label of environmental excellence,  Jan 23, 2020 The label is a tool that aims to increase sustainable finance flows.
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The aim to incorporate environmental life-cycle thinking into product policies has been promoted in the EU since the 1990s. However, climate 

3. on a European level, Council Directive Traditional market-based instruments can Thus, the eco-labelling scheme provides a financial incentive to manufacturers. As soon as the taxonomy becomes clearer in 2019, the Commission will create “ EU Ecolabels” for financial products and will explore possible measures to  Apr 30, 2020 investment funds can carry the recently proposed voluntary EU Ecolabel for retail financial products, which would require that 70% of the total  1 juli 2020 Established in 1992, the EU Ecolabel is a symbol of environmental of the EU Ecolabel framework to certain retail financial products including  Apr 9, 2020 Two ways that it has already indicated in previous statements are the establishment of an EU ecolabel for retail investment products and an EU  Mar 30, 2020 2021. Q1. Commission's Joint Research Centre (JRC) to publish final criteria for the EU Ecolabel for retail financial products  Jan 25, 2019 ALFI's answer to the first stakeholder questionnaire on the product scope and criteria definition of the EU Ecolabel for financial products.