ESG & Sustainability — January 7, 2022

Sustainable investment fund labeling frameworks: An apples-to-apples comparison

The list of sustainable investment (SI) frameworks guiding portfolio design is long and keeps growing.

Rarely a day goes by without intense discussion of some or all of them, and their often-conflicting implications for fund design. The authors of this paper aim to contribute towards this intensifying debate by examining in detail (as of October 2021) the criteria used in the 12 most important European pieces of legislation, country-specific fund labels and other standards guiding SI product design.


Anna Georgieva

Associate Principal, Sustainable Investment

Saumya Mehrotra

Associate Principal, Sustainable Investment