HSBC AM Rolls Out European-focused Sustainable ETF

Published on:
KnowESG_Sustainability
Picture of HSBC AM Rolls Out European Focused Sustainable ETF

HSBC Asset Management, the global asset manager, announced the rollout of a new sustainable European-focused ETF. The company made the news following the launch of the firm's Paris Aligned Benchmark and fixed income sustainable ranges.

The ETF, HSBC Europe ex UK Sustainable Equity UCITS ETF, launched recently on the London Stock Exchange, is classified as article 8 under the Sustainable Finance Disclosure Regulation.

According to HSBC, the fund will be rebalanced monthly, allowing the screening process to evolve "as ESG practises change and issuers publish additional data surrounding their ESG thinking."

The fund targets to exceed the parent index by achieving an ESG score improvement of up to 20 per cent. It also has an emission reduction target of up to 50 per cent and a fossil fuel reserve reduction.

Olga de Tapia, global head of ETF & indexing sales, said: "the firm's priority is to provide our clients with a viable means of improving the social, governance and environmental impact of their portfolios."

"This new ETF adds to our suite of sustainable passive building blocks and provides investors and asset allocators with greater opportunities to support the transition to more sustainable investing."

Share:
esg
esg
esg
esg

Investors Headlines

Thailand Launches ESGX Tax Incentives and LTF Transfer Portal to Boost Green Investments

Thailand Launches ESGX Tax Incentives and LTF Transfer Portal to Boost Green Investments

U.S.'s First ESG-Focused Stock Exchange to be Launched in 2026

U.S.'s First ESG-Focused Stock Exchange to be Launched in 2026

Climate Tech Investment Rebounds in US: Silicon Valley Bank Report

ISS STOXX New Rating Assesses Green Bond Risk at Issuance Level

Sironix Raises $3.5M for Renewable Chemicals Sector

Reask Raises USD 4M to Provide Accurate Climate Risk Data

Terabase Raises $130M to Expand Solar Digitization and Automation

0100 Europe Conference in Amsterdam: Growth Investing & Secondaries 2025

Talanx Group Expands Renewable Energy Capacity in Austria

Supply Chain Sustainability Expert ctrl+s Raises €1M

More from HSBC Holdings PLC
UK Watchdog Bans HSBC's Climate Change Adverts
UK Watchdog Bans HSBC's Climate Change Adverts
HSBC Asset Management to Stop Investing in Thermal Coal
HSBC Asset Management to Stop Investing in Thermal Coal
HSBC Rolls Out Biodiversity ETF
HSBC Rolls Out Biodiversity ETF
HSBC UK Backs Gourmet Marshmallow Company
HSBC UK Backs Gourmet Marshmallow Company