2020-04-17

The European Ecolabel project on financial products is part of the European Commission’s initiatives under its 2018 action plan for financing sustainable growth. Together with other measures, it is intended to encourage the orientation of financial flows towards sustainable investment and, in particular, to mobilise the assets held by retail savers to this end.

Insurance Europe welcomes the Commission’s work to develop an EU Ecolabel for financial products, and in particular the decision to extend the scope of the current criteria to include all investment-based insurance products (IBIPs). The insurance sector can be an even more important partner in Hoc Working Group (AHWG) on the EU Ecolabel Criteria for Retail Financial Products. As a general comment, ISDA is of the view that. the Ecolabel criteria and various portfolio thresholds should allow sufficient flexibility in order to promote and support a wide future uptake of the Ecolabel. EC sustainable finance approach ‘could expose EU to legal risk’. Flaws in the European Commission’s approach to sustainable finance could lead to member states and even the EU being sued, according to a think tank. The 2° Investing Initiative (2°II) made the argument in a hard-hitting report on plans for an EU label for “green” financial products, entitled ‘Impact Washing gets a Free Ride’.

For each product group you can find criteria and background documents, application form and information about fees. The online registration is important because all products and services that carry the EU Ecolabel are made public in a catalogue on the EU Commission's website. This provides you with a marketing advantage, as the catalogue provides consumers and professional buyers with the opportunity to see what products and services are sold, for example, on the Danish market. The Circular Economy & Industrial Leadership and the Finance & Economy units of the Joint Research Centre (JRC) of the European Commission unveiled their second proposal regarding EU Ecolabel criteria for retail financial products at the end of December. The label is a tool that aims to increase sustainable finance flows.

Vad är genomförandeåtgärder och produktkrav? Produktkrav, eller (Good Environmental Choice), the Nordic Swan or the EU Ecolabel.

European banks, but still lower than our financial target of 14 per cent. In 2020 investment and savings products and short-term loans such as consumer labelling under ISO/EMAS, the Nordic Ecolabel, the EU. Ecolabel

SGS EU Ecolabel services – testing and consultancy services to help you apply successfully for the eco-label. a bucket of various types of cleaning products. Sustainable finance is the provision of financing to investments taking into Creation of a voluntary EU Ecolabel for financial products, which will consider the Jan 27, 2021 The European Banking Federation (EBF) and UNEP FI organised an the application of the EU Taxonomy to banking products and propose a EU Ecolabel or EU Flower is a voluntary ecolabel scheme established in 1992 by the On EU Ecolabelled products, it must always be used together with the. Nov 14, 2019 The board of the European Investment Bank (EIB) today agreed a new energy lending policy and confirmed the EIB's increased ambition in Sep 29, 2017 From 2014 to 2016, EU financial instruments and public banks subsidized gas and oil production with an average of over €3 billion, or $3.5 16 mars 2021 L'EU Ecolabel en tant que label écologique de l'Union européenne est une référence pour les consommateurs qui souhaitent contribuer à une Feb 7, 2020 The labels that independently certify sustainable investment paving the way for a pan-European ecolabel for financial products – something Investment funds are investment products created with the sole purpose of gathering investors' Study: Testing draft EU ecolabel criteria on UCITS equity funds.

Today 70692 products and services carry the EU Ecolabel and growing! #EUGreenWeek DAY 3

Based on the current proposal, insurers will not be able to meet the criteria and they will not be able neither to ecolabel their general fund, not even an earmarked part of it. Responses to the consultation on the EU Ecolabel first technical report, published in March 2019. I would like access to submitted responses from all stakeholders who participated in this consultation. Please produce the documents on a rolling basis. I would prefer that the JRC’s search and deliberations concerning particular documents not delay the production of documents the JRC has EC consultation on the EU Ecolabel for retail financial products 11 December 2020 . AMIC welcomes the opportunity to comment on the third draft version of the EU . Ecolabel for retail financial products.

The objectives of this questionnaire are to: Obtain your views on what should be considered within the scope of the new EU Ecolabel criteria for financial products; The Commission is currently developing the EU Ecolabel for Retail Financial Products within the framework of the Sustainable Finance Action Plan. The Joint Research Centre (JRC) has presented an update and discussion document for the EU Ecolabelling Board meeting on 23-24 June 2020.
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We understand from workshops organised by the EC that the EU Ecolabel (1) will only apply at this stage to a limited number of retail financial products, excluding pension products, and (2) cannot legally apply to institutional products (like AIFs). This comes as disappointment as we believe that the entire range of retail products and eco-system could have benefited from a European quality stamp. 2. EU Ecolabel Certificate Ecolabelling Sweden has awarded the EU Ecolabel licence to: Graphic paper products with the trade names specified in Product Specification Annex for the EU Ecolabel standard contract no SE/011/001 issued 31 December 2019 and held by Stora Enso Paper AB, Nymölla Mill The EU Ecolabel criteria for financial products are expected to contribute to the attainment of the Action Plan by encouraging investments in sustainable economic activities.

Åldersbeständigt i enlighet med ISO 9706. Tekniska data: Vikt: 3,790 Kg. Lantmännen is an agricultural cooperative and Northern Europe's leader in agriculture, machinery, bioenergy and food products. K UNGH AB. Skjutbanevägen 8. SE-821 30 Bollnäs Sweden.
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The study will assist with the development of the Ecolabel criteria for financial products and assessing whether the proposed criteria achieve the right balance between promoting environmental excellence and maintaining the integrity of the EU Ecolabel while ensuring there are a sufficient number of eligible products available in the market.

Then in 1992 the EU founded the Ecolabel, identifying products with “environmental excellence”. Illustrated by the ‘EU flower’, the availability and recognition of organic products increased rapidly, which, in turn, raised public awareness. Ecolabel for financial products Reclaim Finance’s comments on the third technical report The EU is exploring the possibility of creating an Ecolabel for financial products (investment funds, savings products, fixed-term deposit, and savings deposit accounts) and tasked its research committee – the Joint Research Committee or JRC - to work EU Ecolabel for Retail Financial Products with a clear purpose, balanced criteria, while helping to ensure retail investor protection. This will potentially make it the next EU success story.

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EFAMAs reply to EU Ecolabel for Financial Products: 1st Stakeholder Questionnaire on the product scope and criteria definition 2. Familiarity and experience with existing labelling schemes and initiatives This section is intended to gain some insights into the respondents' familiarity with sustainability labelling initiatives for financial

INVESTMENT ASSOCIATION RESPONSE TO EU ECOLABEL TECHNICAL REPORT Introduction The Investment Association (“IA”) thanks the Joint Research Centre (“JRC”) for the opportunity to participate in the development of EU ecolabel criteria for retail financial products. You can find criteria for products which can be certtified with the Nordic Swan Ecolabel or the EU Ecolabel here. For each product group you can find criteria and background documents, application form and information about fees. Consumers wanting to make environment-friendly shopping choices should have a decision-making aid they can trust. The Ecolabel is such a thing to help select products and services with less impact on the environment. BEUC has been contributing to the development of the Ecolabel since its creation in 1992.

on a European level, Council Directive Traditional market-based instruments can Thus, the eco-labelling scheme provides a financial incentive to manufacturers.

About EU Ecolabel; About EU Ecolabel. The EU Ecolabel is Europe's counterpart to the Nordic Swan Ecolabel and one of the world's top ecolabels.

Consumers wanting to make environment-friendly shopping choices should have a decision-making aid they can trust. The Ecolabel is such a thing to help select products and services with less impact on the environment. BEUC has been contributing to the development of the Ecolabel since its creation in 1992. We participate in the standard and rules setting to ensure the Ecolabel The European Federation of Investors and Financial Services Users Product Groups under development: Financial Products, Food and Feed Products and Office Buildings. For further information such as product criteria, application procedures, application forms etc. consult the EU Ecolabel website - How to apply.