Skip to content
ABBL Logo
Switch to consumers

Sustainability Committee

The Sustainability Committee aims to engaging strategic dialogue with its Members and closely monitor sustainable finance developments. It also serves as a knowledge sharing platform and ensure adequate coverage and communication about the main topics for Luxembourg Banking sector, including corporate social responsibility and financial education areas.

Mission

  • Act as steering committee for Sustainability within the scope of the ABBL
  • Serve as platform for exchanges with banks and key external stakeholders
  • Strengthen coordination between industry associations active in Sustainability
  • Ensure adequate coverage of main sustainability topics for the Luxembourg financial sector
  • Define terms of reference and key topics for working groups and approve outputs
  • Discuss ABBL advocacy strategies

Scope

  • EU regulatory package on Sustainable Finance
  • Sustainable corporate governance and disclosures
  • Luxembourg Sustainable Finance Strategy Roadmap
  • EU Renewed Sustainable Finance Strategy
  • Capital Markets Union (sustainability-related items)
  • Financial Education and Training

Related Working Groups

  • ESG Risk (Task Force)
  • Sustainable Finance (Task Force)
  • EU Taxonomy and Labels (Working group)
  • Impact of Sustainable Finance for Depositary/Custodian banks (Working group)
  • Green Mortgage Loans (Task Force)
  • Training & Education (Working group)
  • Energy (Task Force)
  • ESG Data Utility (Task Force)