Sustainability

Luxembourg picks Schroders as ManCo in climate action

BlueOrchard CEO Philipp Mueller with a micro-entrepreneur in Lima, Peru. Photo: BlueOrchard BlueOrchad CEO Philipp Mueller with a micro-entrepreneur in Lima, Peru. Photo: BlueOrchard

Luxembourg’s Ministry of Finance has chosen asset management firm Schroders and its impact investment unit BlueOrchard as industry partners for a new climate action partnership. Schroders will serve as the management company for the finance ministry.

BlueOrchard has been appointed as the investment manager for this climate impact strategy, the firm said in a 16 June press release announcing that it had won an international tender process.

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