Member Collaboration Hub

Join the ALFICommunity

Navigation

ALFI supports diversity

We believe that diversity is not just a goal, but a fundamental strength of our organisation and the asset management industry. Our commitment to creating an inclusive environment is unwavering.

In 2020 ALFI has become a signatory of the Diversity Charter Lëtzebuerg. By signing this charter, ALFI commits to:

  • Respecting and promoting the principles of non-discrimination, promoting pluralism and developing diversity through recruitment criteria and career management,
  • Promoting equality of employment opportunities and equalities of treatment, and
  • Increasing capacity for innovation and creativity.

In 2021, ALFI has become a signatory of the UN Women's Empowerment Principles (WEPs). As a member of the WEPs community, the association is committing to making a difference for gender equality and women's empowerment in the workplace, marketplace and community.

In 2023, ALFI became a founding member of the Women in Finance Charter. Supported by the Luxembourg Ministry of Finance, this initiative seeks to achieve greater gender balance and inclusivity across the Luxembourg financial services industry.

ALFI promotes this initiative because we are convinced that diversity and inclusion:

  • Improve the workplace culture;
  • Correlate with profitability and value creation;
  • Enhance innovation and creativity;
  • Help society function more effectively and fairly;
  • Foster Luxembourg's talent pool.

Our commitment to diversity is not just a statement—it's a continuous journey of learning, growing, and creating meaningful change in our industry and community.

Our member signatories are: Amundi Luxembourg S.A.; Attrax Financial Services S.A., Luxembourg; Aztec Group; BNP Paribas SA Succursale Luxembourg ; Clearstream Fund Services SA; Fidelity International group (Luxembourg); Foresight Group Luxembourg S.A.; Franklin Templeton International Services S.à.r.l.; FundsDLT; IPConcept (Luxemburg) S.A.; M&G Luxembourg S.A.; TMF Fund Management; Union Investment Luxembourg S.A. Vera Corporate & Funds S.A; VP Fund Solutions (Luxembourg) S.A.

 

Internally, ALFI maintains strong female representation across all levels:  

  • Staff : 76%
  • Board members: 41%
  • Executive roles: 45%
  • Managerial roles: 66%

While ALFI does not directly control the selection of Board members (who are elected by ALFI's members during the AGM) or set female representation targets for the Executive Committee, the organization encourages the inclusion of women to ensure gender balance. ALFI is committed to maintaining at least 50% female representation at the management level.

 

ALFI is committed to making a positive impact on society 

Conscious of the relevance of the third sector as active actors of the society and promoters of societal and environmental change, and being a non-for-profit organisation in itself, ALFI supports various activities with local NGOs, such as:

The donations carried out during our flagship Conferences and the ALFI Golf Tournament, have been done in favour of local associations that aim to support education on various ways:

  • Youth and work offer teenagers and young adults one-to-one coaching and counselling in their search for training and employment.
  • Schrett-fir-Schrettoffer conductive education for disabled children
  • Op de Patten offer educational, therapeutic and psychotherapeutic animal-assisted interventions for children

ALFI is committed to social entrepreneurship initiatives efforts and is a founding member of InFiNe Luxembourg and LuxFLAG.

 

ALFI strives to minimise its environmental impact

At ALFI, we are taking steps to reduce our environmental footprint and champion eco-friendly practices. In partnership with Sami, who specialises in decarbonisation solutions, we have completed a comprehensive carbon footprint analysis for the year 2023 to understand our environmental impact. Our goal is to measure, understand, and actively minimise our emissions through concrete, measurable, data-driven actions. While the initial insights have been eye-opening, we are committed to drive meaningful change and become a more sustainable organisation.

We encourage the reduction of emissions by:

  • Replacing staff air travel to European cities with train and bus transportation;
  • Encouraging our staff and our local events participants to use public transport;
  • Offering ALFI staff annual subscriptions to Luxembourg’s public bicycle hire scheme vél’O.
  • Encouraging local participation to our events abroad.

We encourage the use of electronic communication means and materials in order to reduce printing and shipping-related CO2 emissions by

  • Providing our members with an online platform for easy exchange of information and document storage and management. It is currently used by about 9,300 fund professionals and
  • Organising webinars and conference calls on a regular basis.

We engage with local service providers when possible and encourage the consumption of local products within the team.

We have adhered to the ecological waste management policies set out by SuperDrecksKëscht®, having been granted the use of their label since 2014.

 

ALFI wants to ensure respect for human rights

At ALFI, we are committed to the respect for human rights in all our activities by implementing ethical and sustainable practices throughout our operations and supply chains.

Pacte national

The national Business and Human Rights (BaHR) pact is an initiative launched by the MAE, INDR, UEL and the national working group on BaHR in which ALFI is represented and now managed jointly by the MAE and the Chamber of Commerce via its House of Sustainability. An instrument of voluntary self-regulation based on the United Nations Guiding Principles on BaHR (UNGP), the pact aims to help organisations implement human rights due diligence in their value chain. As of March 2025, it has 90 signatories.

ALFI became a signatory of the pact on 20 September 2023, demonstrating its concrete commitment to identifying risks and preventing human rights violations. In doing so, ALFI joins the national community of organisations committing to respecting human rights. By joining the pact, ALFI commits to

  • raising awareness among its staff and stakeholders on the protection of human rights in business;
  • appointing a person responsible for human rights within the organisation;
  • training relevant employees on business and human rights;
  • developing governance tools to identify risks and prevent human rights abuses;
  • implementing one or more grievance mechanisms to address reported human rights abuses;
  • publishing a periodic, standardised report on actions taken.

The adherence to the pact forms part of ALFI’s CSR engagement and commitment to sustainability. We want to ensure that our operations and services as well as our employment opportunities are in line with the UNGP, and would encourage ALFI members who want to commit to the UNGP to adhere to the pact.

Complaints (whistleblowing) mechanism

Anyone may raise an alert of human rights violations by contacting ALFI by post or at info@alfi.lu indicating “strictly confidential” in the subject line. ALFI will treat any reports with confidentiality and protect the identity of the whistleblower in accordance with the regulations in force (no anonymous alerts, please).