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Luxembourg Microfinance and Development Fund

PRI reporting framework 2020

You are in Strategy and Governance » Promoting responsible investment

Promoting responsible investment

SG 09. Collaborative organisations / initiatives

09.1. Select the collaborative organisation and/or initiatives of which your organisation is a member or in which it participated during the reporting year, and the role you played.

Select all that apply

Your organisation’s role in the initiative during the reporting period (see definitions)

Provide a brief commentary on the level of your organisation’s involvement in the initiative. [Optional]

LMDF is a signatory to the principles and reports annually on how we implement the six principles into practice.

Your organisation’s role in the initiative during the reporting period (see definitions)

Provide a brief commentary on the level of your organisation’s involvement in the initiative. [Optional]

LMDF systematically completes GIIN's annual investment survey and may participate in other initiatives

          Association of the Luxembourg Fund Industry
        

Your organisation’s role in the initiative during the reporting year (see definitions)

Provide a brief commentary on the level of your organisation’s involvement in the initiative. [Optional]

LMDF is an active member of the Responsible Investing group within ALFI.

          European Microfinance Platform
        

Your organisation’s role in the initiative during the reporting year (see definitions)

Provide a brief commentary on the level of your organisation’s involvement in the initiative. [Optional]

LMDF is a member of e-MFP since 2010 and has co-chaired the action group on Investors in Tier 2/3 MFIs.

          Inclusive Finance Luxembourg Asbl
        

Your organisation’s role in the initiative during the reporting year (see definitions)

Provide a brief commentary on the level of your organisation’s involvement in the initiative. [Optional]

LMDF is a founding member of InFiNe and contributes to a number of projects, including the European Microfinance Award

          LuxFLAG Microfinance Label
        

Your organisation’s role in the initiative during the reporting year (see definitions)

Provide a brief commentary on the level of your organisation’s involvement in the initiative. [Optional]

LMDF has been labeled by LuxFLAG annually since 2011.

 

Also member of Financial Inclusion Equity Council since 2014 - but no space to add this


SG 09.2. Assets managed by PRI signatories (Not Applicable)


SG 10. Promoting RI independently

10.1. Indicate if your organisation promotes responsible investment, independently of collaborative initiatives.

10.2. Indicate the actions your organisation has taken to promote responsible investment independently of collaborative initiatives. Provide a description of your role in contributing to the objectives of the selected action and the typical frequency of your participation/contribution.

Description

          CEO lectures and provides training at the University of Luxembourg and ATTF- House of Training.
He also teaches at Boulder Microfinance training.
We also host sessions in the Maison de Microfinance to keep other organisations in the building up-to-date with trends in impact investment
We hosted an investment readiness session at the SAM in Ougadougou
        

Frequency of contribution

Description

          When contacted by universities, we are happy to collaborate. This happens on an ad hoc basis (normally one or two times a year)
        

Frequency of contribution

Description

          Frequently participate in events in this area. European Microfinance Week, ALFI conference, ADA conferences, holding own impact ecoysystem event to promote impact investment in Luxembourg...
        

Frequency of contribution

Description

          Social performance reports published on a regular basis which are intended as thought leadership pieces in area of RI. Other research and articles regularly published on website and in reporting documents,
        

Frequency of contribution

Description

          Participated recently in OECD blended finance research
        

Frequency of contribution

Description

          Conducted on an ad hoc basis typically with Luxembourg publications. Articles regularly published on website too
        

Frequency of contribution

10.3. Describe any additional actions and initiatives that your organisation has taken part in during the reporting year to promote responsible investment [Optional]

LMDF views thought leadership to be part of its role, together with investment. For this reason it takes an active part in many groups. The CEO regularly supports initiatives to increase knowledge of responsible finance and impact investing. He lectures and provides training at the University of Luxembourg and ATTF- House of Training. LMDF also takes an active part in the Luxembourg Microfinance Week and regularly collaborates with the NGO ADA on events, such as this year's ADA-led SAM which took place in Ougadougou (Semaine Africaine de la Microfinance).

LMDF has continued to promote gender lens investing. In addition, LMDF is supportive of microentrepreneurs.

For 3 years running, LMDF has supported an event in Luxembourg to encourage social enterprises and open up minds towards impact investing. It is called the Impact Ecosystem Event, and is now a regular occurrence.

In July 2019, LMDF organised an event about the deforestation

The fund regularly produces information and publishes articles in the media regarding microfinance and its impacts. As mentioned in a previous section, LMDF  is working on a new social performance report, which will be readily available in this section: https://www.lmdf.lu/en/private-investors/more-information/reports-and-publications/

 


SG 11. Dialogue with public policy makers or standard setters (Private)


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