Start of the application phase for the FNG-Label 2021

For the sixth time, asset managers now have the opportunity to apply with their funds for the SRI quality standard in the German speaking market.

The application period for the FNG-Label 2021 begins on 04.04.2020 and ends on 07.07.2020. In the last three years, the number of applicants has increased by 25, 40 and 60 percent respectively.

ESG INSIDE: Information for fund managers

Advertising sustainability is easy. Therefore it‘s even more important to make genuine quality visible and verifiable. Show investors and distribution partners at a glance that your sustainable funds meet today’s expectations of sustainability funds or even higher standards.

The University of Hamburg assesses the funds independently. A committee of experts from civil society supervises the process. Use this guarantee as a quality signal for your sustainable investments. The FNG-Label strengthens your sales, customer loyalty and reputation.

Application period FNG-Label 2021: 04.04.2020 to 07.07.2020 Audit/sparring: until October

Awarding ceremony at the Römerberg in Frankfurt am Main: 26.11.2020

The FNG-Label
audit platform

  • Register at and interact directly with the audit team.
  • Structured as well as quick entry and transmission of your data thanks to a step-by-step online questionnaire.
  • Save time when entering your data by transferring data from a reference fund.
  • Secure handling of your data via encrypted servers.

Important information
about the process

*Please note that as soon as all submitted funds have passed the minimum requirements, it is technically no longer possible to submit/activate further funds. Please therefore have the desired number of funds activated at the beginning. As soon as the minimum requirements for all funds have been assessed by the audit team, you can make entries for the grading model.

Requirements and
Application documents

Sustainably managed investment funds or similar investment vehicles of all asset classes can apply for the FNG-Label, provided they comply with the UCITS or an equivalent standard and are authorized for distribution in at least one of the following countries: Germany, Austria, Switzerland or Liechtenstein.

The Label requires the fulfillment of certain minimum requirements. To be awarded the Label, the fund has to meet all minimum requirements. Candidates that apply for the Label going beyond the minimum requirements may achieve different quality levels in the grading model (up to three stars). The number of stars awarded depends on the number of percentage points achieved in the grading model.

In order to be audited, the information regarding the minimum requirements have to be submitted online by 07.07.2020.

As stated in the rules of procedure, the University of Hamburg has the right to request additional documents in order to verify the fund’s compliance with the Label’s criteria.

Sustainability Profile

The FNG-Sustainability Profile shows sustainability criteria and supplemental data of the fund in a brief overview.

Examples may be found here. Depending on the fund the data may be available in English.

European SRI
Transparency Code

With an increasing number of sustainable funds, the variety of sustainable investment strategies increases as well. The Code supports societies‘ and other stakeholders‘ e.g. fund selectors and rating agencies, understanding of a fund’s investment strategy.

It incorporates the suggestions of:

  • the Task Force on Climate-related Financial Disclosures (TCFD),
  • the article 173-VI of the French TECV act and
  • the suggestions of the EU High-level Experts Group on Sustainable Finance (HLEG).

The Code shows detailed information on the following themes:

  • Regarding the fund provider and the sustainability fund
  • Regarding ESG assessment processes of companies (and governments)
  • Regarding the fund’s management process
  • Regarding monitoring and ESG reporting

Supplemental documents and further information on the Code may be found here.


You should also download the rules of procedure before filling in the questionnaire in order to be able to understand the Label criteria.

Should you require more detailed information on the application process, the application requirements and the Label criteria, please contact us at or by phone at
+49 – (0)30 – 629 3799 85.

We would also be happy to visit your offices to discuss the FNG-Label. Please contact us to arrange an appointment.

Der Qualitätsstandard für Nachhaltige Geldanlagen im deutschsprachigen Raum.

Motzstr. 3
D-10777 Berlin
Tel: +49 30 629 3799 85

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