With its creation in 1984, the Belgian SRI market was composed almost exclusively of saving products (Krekelsparen in 1984, and l’Epargne Cigale in 1987). The SRI products - mostly SICAV - did not make real great progress until 1997. Since, the offer has increased.
Some facts about the Belgian market (as of 31/12/2009):
- Core SRI Market Size: €24.4 billion;
- Broad SRI Market Size: €169.3 billion;
- Institutional Investor Market Share: 72% (Belgian and non-Belgian);
- Influential actors: Dexia– KBC – Fortis Group;
- Leading Strategies: Norms- and Values-Based Exclusions, Best-in-Class and Thematic for Core SRI. Simple screening and Integration for Broad SRI;
- Number of funds: 105 funds (June 2008);
- Legal Milestones: 2003 Wet Aanvullende Pensioenen (Supplementary Pensions) – 2004 – 2008 Federal Plan Sustainable Development. Law prohibiting the direct and indirect financing of the manufacture, use and possession of anti-personnel mines and submunitions (March 2007); a law on depleted uranium weapons was voted in June 2009;
- SIF (yes/no): yes, Belsif.
For more information on SRI in Belgium please visit: www.belsif.be
Other source: Réseau Financement Alternatif
Download the Belgian section of Eurosif's European SRI Study 2010.
