Press release


28 Dec 2020

Aberdeen Standard Investments (ASI) is pleased to announce that the Aberdeen Standard SICAV I - Global Corporate Bond Sustainable and Responsible Investment Fund and the Standard Life Investments Global SICAV- European Corporate Bond Sustainable and Responsible Investment Fund have been granted the LuxFLAG ESG Label which reassures investors that the Investment Product actually incorporates ESG (Environmental, Social, Governance) criteria throughout the entire investment process.

The actively managed Funds invest in high quality, sustainably managed companies and is positively tilted towards companies with a strong track-record of managing their environmental, social and governance risks and opportunities.

Achieving this label is a valuable step on the way to invest for a better future and to create a more sustainable society.

Christophe Palumbo, Head of Business Development for ASI in Belgium & Luxembourg said:

“We are delighted that the Funds have been awarded the LuxFLAG ESG Label. Investors do not have to choose between their ESG goals and delivering financial returns, these elements can be complementary and even enhance long-term investment performance. The goal of our funds is to make a difference – for our clients, society and the wider world.”

Sachin Vankalas, General Manager of the Luxembourg Finance Labelling Agency (LuxFLAG) quotes:

“We are pleased to announce that, the Aberdeen Standard SICAV I - Global Corporate Bond Sustainable and Responsible Investment Fund and the Standard Life Investments Global SICAV- European Corporate Bond Sustainable and Responsible Investment Fund have been granted the use of LuxFLAG ESG Label for a period starting on 01 January 2021 and ending on 31 Dec 2021. The LuxFLAG ESG Label is recognized for its high standards and rigorous assessment of applicant investment funds’ investment strategy, ESG integration into the investment process as well as an affirmation of their transparency to investors which are all key components of the Eligibility Criteria of LuxFLAG ESG Label”.

Environmental, social and governance (ESG) considerations have been an integral part of ASI’s decision-making process for almost 30 years. By putting ESG factors at the heart of the investment process, ASI believes that investing responsibly can help generate long-term value for clients. The impact of Covid-19 makes this goal even more important. Working together for a more sustainable future is required more than ever.

A dedicated, 20-strong ESG Investment team works closely with colleagues across all asset classes to support this work. A further 30 dedicated ESG asset-class analysts provide an additional layer of expertise.


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Notes to editors

  • Aberdeen Standard Investments is a global asset manager dedicated to creating long-term value for our clients. With over 1,000 investment professionals, we manage £455.6 billion* of assets worldwide. We have clients in c.80 countries supported by over 40 offices globally. This ensures we are close to our clients and the markets in which we invest. (*as of 30 June 2020)
  • We are high-conviction, long-term investors who believe teamwork and collaboration are the key to delivering repeatable, superior investment performance.
  • Standard Life Aberdeen plc is headquartered in Scotland. It has around 1.2 million shareholders and is listed on the London Stock Exchange.
  • You can access the Aberdeen Standard Investments media centre here:

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