ABOUT US 

Organisation and governance

The Towards Sustainability Labelling Agency (CLA) is a not-for-profit association incorporated under Belgian law. Its goal is to enlarge the impact and substance of sustainable saving and investing. And to substantially strengthen the qualitative approach to sustainable financial products.
The CLA consists of two bodies:

The Board of Directors supervises the CLA, updates the Quality Standard, and decides on the award and withdrawal of the Towards Sustainability label, bound to the verification assessment of the independent Verifier, in accordance with the Label Award and Withdrawal Procedure.

The Eligibility Commission takes note of the verification assessments of the independent Verifier, adopts clarifying interpretations of the criteria of the Quality Standard in general and prospective terms, and develops and proposes technical changes to the Quality Standard.

The Board of Directors can set up ad hoc Advisory Commissions to foster an open unbiased dialogue between experts, where technical views, practical experience and common sense inform the debate on sustainable savings and investments, and how this can inspire the evolution of the Quality Standard.

The CLA's articles of association are available in Dutch (official) and English (free translation).


Third-party verification

The Verifier is independent of the CLA. It is appointed by the Board of Directors to verify and monitor the compliance of the products applying for or carrying the label. The Verifier’s verification assessment constitutes the exclusive determination of compliance with the Quality Standard. 

More on third-party verification →

Organisation chart

Board of Directors

  • Chair (independent)
  • Independent directors
  • Financial sector directors

Verifier

Secretariat

Eligibility Commission

  • Chair (independent)
  • Independent experts
  • Financial sector experts