Having in mind the set of recommendations published in the Luxembourg Sustainable Finance Roadmap, in particular the one covering education, and willing to put into actions its commitments by the endorsement of the UNEP-FI Principles for Responsible banking and expressed in its Code of Conduct, the ABBL, in partnership with the House of Training and Forethix (leading advisory firm specialised in responsible investment and corporate responsibility) designed the first sustainable finance course of its kind in Luxembourg.
It is part of a training curriculum leading to a certification, with advanced modules on regulatory issues, operational issues as well as products and labels. During the sessions, practitionners explore the current sustainable finance concepts and definitions (ESG, SDGs, SRI, …) to build a solid foundation to face upcoming business challenges, while sharing industry best practices through practical business case studies.
In 2020, the programme has been completed. This program now consists in 4 modules (1 foundation and 3 advanced – all live now):
- Sustainable Finance Foundation to provide professionals from the financial sector with fundamental knowledge on sustainable finance
- Operational Aspects (advanced)- by Forethix - to get a better understanding of the normative context, the labelling process and the transparency and reporting of ESG factors
- The Case of Green, Social and Sustainability Bonds and ESG Funds (advanced)- by the Luxembourg Stock Exchange LGX Academy - to explore sustainable products currently available and being developed including concrete examples to learn about the importance of reporting and verification
- Regulatory Aspects (advanced)- by Linklaters - covering the main regulations being developed at EU level and other upcoming ESG regulatory sectorial changes.
|Foundation||Fundamental knowledge||Finance Professionals||ABBL, Forethix and House of Training||Live||2019|
|E-learning foundation||Fundamental knowledge||Finance Professionals||ABBL||In progress||2021|
|Videos||Basics||General Public||Fondation ABBL||Live||2021|
|Workshops||Basics||High School Students||Fondation ABBL||Live||2021|
|Advanced||Operational issues||Finance Professionals||Forethix||Live||2020|
|Products||Finance Professionals||Bourse de Luxembourg||Live||2020|
|Regulatory issues||Finance Professionals||Linklaters||Live||2020|
|ESG risks||In progress||2023|
|Integration of sustainability-rules to portfolio management and investment advice||In progress||2023|