The SRI Transparency Code was first published in May 2008 and has its roots in the European Transparency Guidelines presented in 2004.
The Code focuses on SRI funds publicly distributed in Europe and was designed to cover a range of asset classes.
Towards the end of 2022, the Eurosif’s Board decided to phase out the Transparency Code until 1st of January 2024
All funds and fund management companies are closely scrutinized based on various criteria. These criteria are described extensively and in detail in the Code.
Eurosif is a pan-European membership organization of national sustainable investment forums (SIFs) in Europe. Sponsors include DWS Group, Universal Investment, ISS ESG, LGT and BNP Paribas.
Code signatories should openly and honestly disclose accurate information so that stakeholders, especially consumers, understand the fund’s ESG policies and practices. In this sense, there is no multi-stage process in awarding the label.
At the end of June 2016, there were 1,138 green, social and ethical funds domiciled in Europe. In the same period, over 700 funds were subject to the Transparency Code.
Source: EUROSIF AISBL