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ESG for Investment Funds

Welcome to the ESG for Investment Funds subsection of our website.

At CMS Luxembourg, we are dedicated to helping clients stay ahead of the curve in the fast-growing and evolving market for sustainable investment, and we are committed to promoting sustainable and responsible practices in the Luxembourg Funds industry. 

Our team of experts is dedicated to providing legal and strategic assistance to funds and their managers as they navigate the ever-evolving ESG landscape in the financial world by helping them comply with regulations, and supporting them in their efforts to offer products with a positive impact on the environment and society. 

We believe that ESG considerations are not only important for in the transition towards a sustainable economy, but is also essential for the long-term financial success of the asset management industry. By focusing on sustainability, funds can mitigate risks and increase their attractiveness to investors.

ESG is one of the most important drivers of change in the world today. The right establishment of sustainable products and the implementation of the adequate Responsible Investment strategy are essential from a reputational perspective, as well as being crucial for the continued success of the sustainable financial sector.

Julie Pelcé, ESG specialist
Julie Pelcé, ESG specialist

We have a team of Responsible Investment experts within our funds and investment management teams, who have extensive experience assisting clients with Responsible Investment and ESG related matters. Our team notably has significant experience in structuring and day to day management of microfinance, impact and ESG investment funds, whether initiated by public or private players, and investing either through debt, equity or mixt strategies and ranging from impact first funds to more balanced ESG or thematic funds.

Additionally, our team has also provided sustainability-related disclosures assistance to several funds managers, including AIFMs and UCITS management companies, investment advisors and fund manufacturers. We also provide legal assistance on a regular basis with regards to the interpretation of the sustainability disclosures regulations.

Our commitment to ESG goes beyond mere compliance. We recognize that sustainable practices are crucial for the long-term success of the financial sector and the well-being of our world. Through our expertise in responsible investment, we aim to create positive change and drive the transformation towards a more sustainable future.

Aurélien Hollard, ESG specialist
Aurélien Hollard, ESG specialist

Involved at the industry level

Our team is at the forefront of the sustainable finance industry and is as such actively working with a number of actors active in the sector including professional associations like the Luxembourg Fund association (ALFI); the Banking association (ABBL) or the Luxembourg Private Equity Association (LPEA).

Connection with ESG consultants and data providers

We maintain close relationships with ESG consultants to gain a comprehensive understanding of our client’s ESG strategies and to have a holistic view on ESG matters, complementing our ESG regulatory expertise with financial and strategic perspectives. Furthermore, we also collaborate with ESG data providers to understand the challenges faced by our clients and be able to refer them to the most suitable and effective solutions available on the market. We hope you will find the information on this website helpful as you strive to incorporate ESG principles into your funds. 

Please don't hesitate to reach out to our team for further assistance or guidance.

Discover and download our dedicated brochures

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ESG expertise

ESG expertise brochure Luxembourg

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683.2 kB
Impact Investing

Impact Investing Brochure | Luxembourg

Highlighted experience

  • Swiss impact-focused investment advisor

    Legal assistance in the Advisor’s ESG Policy and drafting of the SFDR pre-contractual and website disclosures for an unregulated fund framed within Article 9 SFDR, investing in venture capital companies focused on climate change activities.

  • French asset manager

    Assistance in the pre-contractual SFDR disclosures of an Article 8 regulated fund investing social infrastructure and regulatory assistance in the decision to frame the fund as Article 8 or Article 9 product under SFDR.

  • Major real estate asset manager

    Assistance in the SFDR disclosures of Article 8 funds supervised by the CSSF and updates in line with Taxonomy disclosures, including the drafting of the website disclosures in line with Level 2 SFDR requirements.

  • Swiss investment advisor

    Secondary opinion and amending the precontractual disclosures for an unregulated fund framed within Article 9 SFDR, investing in infrastructure.

  • German institutional investor

    Advising on a subscription in subordinated notes of one sub-fund of a Luxembourg fund focusing on ESG investments.

  • Major Spanish company specialising in sustainable infrastructure

    Advising on its investment into a Luxembourg fund.

  • AIFM compliance

    Advising and assisting sub-threshold AIFM managing a venture capital fund in its disclosures required under Article 3 and Article 4 SFDR.

  • German AIFM SFDR compliance at funds level

    Drafting pre-contractual disclosures for Article 8 fund investing in renewable energy projects, in line with SFDR Level 2.

  • Micro-finance Luxembourg fund

    Advising and assisting a non-EU AIFM complying with pre-contractual SFDR disclosures, Level 1 and Level 2 SDFR, for its Luxembourg fund having a microfinance strategy.

  • Luxembourg UCITS Management Company

    Advice on regulatory implications of SFDR disclosures depending on Article 8 or Article 9, assistance in the SFDR disclosures of Article 8 and Article 9 UCITS and the relevant website disclosures.

  • Belgian financial institution

    SFDR advice for their Luxembourg fund and compliance with pre-contractual requirements in line with Level 2 SFDR. 

  • Impact Luxembourg VC Fund

    Regulatory assistance with the SFDR compliance for an Article 9 fund, investing mostly in SMEs and advice on Article 9 implications.

Events

  • Luxembourg
    29 Jan 2026

    New EU rules on the provision of banking services

  • Luxembourg
    03 Feb 2026

    WEBINAR | Transfer pricing in fund structuring

  • Luxembourg
    03 Mar 2026

    IP Insights webinar series 2026

  • Luxembourg
    19 Mar 2026

    CMS Nordic Health Summit

  • Luxembourg
    23 Mar 2026

    CMS at PTMG Spring 2026

  • Luxembourg
    21 Apr 2026

    On the Pulse webinar series 2026 - Spring

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