2020-04-17

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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

EU Ecolabel für Finanzprodukte: Technical Report 2.0 Im Dezember 2019 hat auch die Projektgruppe, die das EU Ecolabel für Finanzprodukte entwickelt, einen weiteren Zwischenbericht vorgelegt. Unter dem Titel "Development of EU Ecolabel criteria for Retail Financial Products. You can find criteria for products which can be certtified with the Nordic Swan Ecolabel or the EU Ecolabel here. For each product group you can find criteria and background documents, application form and information about fees.

Eu ecolabel for financial products

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AMIC welcomes the opportunity to comment on the third draft version of the EU . Ecolabel for retail financial products. In our previous . response, we had stated our support for a well calibratedEU Ecolabel for The European Association of Co-operative Banks considers the work on EU ECOLABEL for Financial Products as an important step and welcomes the possibility to comment on the Preliminary Report of the JRC (Joint Research Center of the European Commission). Given the fact that Co-operative Banks are typically retail banks, who interface mostly with households and SMEs clients, we answered to the The objective of this study is to carry out a test run in relation to the draft EU Ecolabel criteria for financial products and in particular to test the application of draft criterion I for equity funds to a sample of 101 “green” UCITS equity funds domiciled in the EU27.

Sustainable finance is the provision of financing to investments taking into Creation of a voluntary EU Ecolabel for financial products, which will consider the  

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 … The development of EU Ecolabel criteria for financial products is based on the European Commission’s recently adopted Sustainable Finance Action Plan. 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 EU Ecolabel builds on the Taxonomy framework to assess the underlying assets of financial products linked to environmentally sustainable economic activities and to establish whether the financial products are sufficiently green to be awarded with the label.

Eu ecolabel for financial products

legislation is on the way, including a Green Bond Standard and an EU. Ecolabel for investment products. The Commission's five-year Gender. Equality Strategy3 

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. Apr 20, 2018 The European Commission will develop standards and labels for sustainable finance products, including green bonds. The EU Ecolabel  Apr 30, 2020 Climate finance: EU budget and associated instruments.

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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. The Joint Research Center (JRC) has presented a proposal discussed at the stakeholder meeting on 25 and 26 March to which we provide comments in this paper.

European banks, but still lower than our financial target of 14 per cent. In 2020 investment and savings products and short-term loans such as consumer labelling under ISO/EMAS, the Nordic Ecolabel, the EU. Ecolabel  Products in the category Facial tissues (Hygiene products, Cleaning) Environment labels: EU Ecolabel, FSC. 5 days. Dispenser för ansiktsservett 27x14cm  Net sales for the financial year 2020 is estimated to surpass MSEK 50, In addition, Ocean products are certified with the eco-labels EU  For more information visit the EU eco-label website by developing and providing access to innovative financial instruments and funding for eco-innovation. asdf Consultation Nordic Swan Ecolabelled Investment Funds Per Sandell, in the Nordic countries 16 000 Nordic Ecolabel products 2000 companies have agency that is responsible for the Nordic Swan Ecolabel and the EU Flower.
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Feb 7, 2020 The labels that independently certify sustainable investment paving the way for a pan-European ecolabel for financial products – something 

“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. The European Commission (EC) has proposed reducing the minimum threshold for green equity investments and introduced a transition element for the planned EU Ecolabel for retail sustainable financial products after the first round of market feedback described the criteria as being ‘too ambitious and not achievable’.According to the EC’s second Technical Report on the issue, published just before the start of the Christmas holidays, most stakeholders “considered the criterion proposal December 2019. The EU Ecolabel builds on the Taxonomy framework to assess the underlying assets of financial products linked to environmentally sustainable economic activities and to establish whether the financial products are sufficiently green to be awarded with the label.


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Aug 20, 2019 As it is necessary to monitor financial flows into and out of the company or to assure a certain level of product quality, it is necessary in the same 

Governance. Indirect impact where fund shares are distributed to EU as to how this categorisation would sit beside the EU's "Ecolabel" Aug 20, 2019 As it is necessary to monitor financial flows into and out of the company or to assure a certain level of product quality, it is necessary in the same  May 19, 2015 EU Ecolabel helps you buy products and services that have a reduced impact on the environment. The EU Ecolabel is a label you can trust. SGS EU Ecolabel services – testing and consultancy services to help you apply successfully for the eco-label.