ESG
ESG reporting challenges for the real estate sector
Since the EU Taxonomy regulation entered into force on 1 January 2022, real estate companies have been busy not only preparing their disclosures but also getting a grasp on the impact the EU Taxonomy has had on their operations and accounting processes. While expecting clarifications from the authorities and the final regulation package, it’s a clear sign f […]
Lessons from Pathfinders – how do the foremost HR organizations drive value in the face of disruption?
As the world recovers from the Covid-19 crisis, it cannot be denied that it has left an impact on the way organizations operate. Not only that, but the past decade has also seen significant advancements in technology and automation. This has been dubbed “double disruption” by the World Economic Forum (WEF), with many organizations succumbing to it. Howeve […]
Can capital markets save the planet?
Tackling Climate Change 31 October 2021 marked the launch of the COP26, as well as closing the third warmest October in recorded history (according to the EU’s Earth observation program Copernicus) with temperatures 0.42 °C higher than the average between 1991 and 2020. These temperature changes demonstrate the urgency of going beyond governments’ decis […]
Spotlight on subscription tax: recent challenges and benefits
Let’s be honest, subscription tax in Luxembourg has never been center stage. Frankly, why would it? For most asset managers, it’s an administrative tax, handled back-office, with easy, straightforward rules. Subscription tax ) is calculated according to the type of fund vehicle and its rate varies between 0.01% and 0.05% with quarterly filings. No big deal. […]
PRI Revises Reporting Rules for 2021
The Principles for Responsible Investment (PRI), a UN-supported network of investors working to promote responsible investment (RI), has made extensive changes to its transparency report framework. The principles were launched in 2006, and the PRI has now revamped the requirements for the upcoming 2021 reporting cycle. The difference between this new repo […]
