The Luxembourg Sustainable Finance Initiative (LSFI) has become the latest institution to join the pan-European sustainable finance association, Eurosif.

According to LSFI, the board of the Brussels-based association, which seeks to help drive the growth of the European sustainable financial industry, has approved its membership.

Nicoletta Centofanti, General Manager of LSFI, said: "The LSFI is Luxembourg's coordinating entity on sustainable finance; we aim to raise awareness, be a central point of information and also help the financial sector advance on this journey. For doing so, collaborating and knowledge-sharing are indispensable to foster sustainable investments with speed. In this regard, we are delighted to become members of Eurosif as it is an opportunity for the LSFI to find synergies, learn from our international peers, share best practices and showcase Luxembourg's pioneer activities in this domain. We are looking forward to collaborating and discussing how to further advance sustainable finance with Eurosif and its members." 

Will Oulton, Chairman of Eurosif, commented: "Luxembourg is a major financial centre in Europe, in particular, thanks to its funds management industry and I am delighted to welcome the LSFI as a new member of Eurosif's growing membership list. We are still in the early phases of the implementation of the EU's sustainable finance agenda and the LSFI will add further weight to our role as an informed industry voice representing the views of the sustainable investment industry back to policy makers to support the growth of sustainable finance across Europe." 

Eurosif's activities involve contributing to public policy developments and conducting research that enables a better understanding of sustainable investment and the obstacles encountered by sustainability-oriented investors. Eurosif and its members have committed themselves to the growth and integrity of Europe's sustainable investment market. LSFI is the latest organisation to join Eurosif's growing network, which now counts ten members and two observers.