FARAD GROUP HAS BEEN APPOINTED AS THE FIRST B-CORP INSURANCE AND FINANCIAL GROUP IN LUXEMBOURG, CONFIRMING ITS COMMITMENT IN SUSTAINABILITY
As a B-Corp, we act responsibly in order to respect and nurture our ethical principles on a daily basis.
Luxembourg, 25th January 2017 – FARAD Group, independent international Group specialized in providing B2B services in the insurance and financial sector through a proprietary multi-services platform, opens 2017 with an important international recognition: the certification B-Corporation that ranks FARAD Group among the leading companies for its standard of Environmental, Social and Corporate Governance (ESG).
Founded in 2001, FARAD group has always distinguished itself for its unique approach to sustainability, by donating part of the profits to philanthropic activities and by paying particular attention to business sustainability criteria.
Over time, this approach has also been expressed through financial products with the launch of the first AIFMD platform dedicated to Impact Investing (European Impact Investing Platform SICAV-SIF) and of two new funds that adopt SRI/ESG strategies, which are managed in-house and are currently in process of approval by the regulator.
With this recognition powered by B-Lab, an international non-profit organization that believes in using business as a force for good™, FARAD Group becomes the second B-Corporation in Luxembourg and a pioneer in the world of sustainability with regards to the european financial and insurance sector.
Marco Caldana, CEO – FARAD Group & Marcello Palazzi. Board member/Founder – B Lab Europe
