Austrian Ecolabel for Sustainable Financial Products
The Austrian Ecolabel is awarded to products and services that represent more environmentally compatible options within a range of comparable products offered. Financial products, awarded with the Ecolabel, must fully meet the relevant criteria of Ecolabel Guidelines’ three primary priorities. One, a sustainable financial product must be able to identify companies that deliver a positive performance for the society and the environment. Two, uses a research process that meets the quality standards defined in the Austrian Ecolabel guidelines. Three, meets transparency requirements guarantying that investors can get a clear picture of the sustainable investment strategy, the portfolio and issues included therein. As of September 2023, Fisher Investments has two products carrying the Austrian Ecolabel: Fisher Investments Institutional Emerging Markets Responsible Equity ex-Fossil Fuels and Global Sustainable Equity Impact.
Financial products are awarded the Austrian Ecolabel based on adherence to the Austrian Ecolabel standards “UZ 49” after an independent audit and confirmation by a qualified control body. Fisher Investments pays a fee which covers administration costs and results analysis.
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