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ICMA AMIC publishes its response to the EC consultation on the EU Ecolabel for financial products
17 April 2020 ICMA's Asset Management and Investors Council has today published its response to the EC consultation on the EU Ecolabel for financial products. While AMIC supports the idea of an EU quality stamp for ESG retail investments funds it also warns that some important changes are required to ensure the success of this new label. AMIC recommends in particular broadening the list of eligible assets for diversification purposes but also to further support companies transitioning to a lower-carbon business model.

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