Le Lézard
Classified in: Environment
Subjects: Product/Service, Corporate Social Responsibility

HSBC Launches ESG Portfolio Reporting Service


HSBC today launched a reporting service that provides asset owners and managers with independent measurement of how focused their listed asset investments are on environmental, social and corporate governance (ESG) issues.

The new service will allow asset owners, such as insurance companies, pension funds and sovereign wealth funds, and the asset managers that invest their money, to keep track of the ESG ratings of their large holdings and help them meet the increasing demand for greater transparency and more insight in this area.

HSBC is recognised as a leading partner in the transition to a low-carbon world. In 2017, the bank pledged to provide USD100 billion of financing and investments by 2025 and is consistently top ranked globally for green, social and sustainable bonds and ESG Research.

"ESG is rising up the agenda for our clients, regulators and investors alike. This reporting service will enable our Securities Services clients to gain meaningful insights into ESG aspects of their portfolios using independent scores and ratings," said Chris Johnson, Director of Market Data for Securities Services at HSBC. "This tool will enable Securities Services clients to see at a glance how large holdings in their selected portfolios are performing using recognised independent ESG criteria."

The reporting service will consist of a monthly reporting dashboard, including portfolio-level analysis using ESG ratings, and carbon emissions data.

The reporting service will use ESG scores and ratings from leading ESG rating providers MSCI, Sustainalytics and Vigeo Eiris, and can be applied equally to specialist ESG and non-ESG portfolios. The bank plans to increase its list of providers over time.

"We expect this product to appeal to asset owners who are seeking independent reporting on the ESG profile of their investments. It will enable them to discuss ESG aspects of large positions in their funds with their managers," said Johnson. "Asset manager clients, who already have an in-house ESG capability, could use the report to compare with their own research."

About HSBC

HSBC Holdings plc

HSBC Holdings plc, the parent company of the HSBC Group, is headquartered in London. HSBC serves customers worldwide from offices in 64 countries and territories in our geographical regions: Europe, Asia, North America, Latin America, and Middle East and North Africa. With assets of US$2,918bn at 31 March 2020, HSBC is one of the world's largest banking and financial services organisations.


These press releases may also interest you

28 mar 2024
Anaergia Inc. ("Anaergia" or the "Company") , a global renewable fuels leader, is pleased to announce that, following the initiation on March 28, 2024 by Marny Investissement SA ("Marny") of a C$13.6 million wire payment and its bank confirmation of...

28 mar 2024
Anaergia Inc. ("Anaergia" or the "Company") announced today that there will be a delay in the filing of its annual information form for the year ended December 31, 2023, audited annual consolidated financial statements for the year ended December...

28 mar 2024
The opening ceremony of the Boao Forum for Asia (BFA) Annual Conference 2024 was held in Boao, south China's Hainan Province on Thursday, with China's top legislator Zhao Leji stressing China's economic potential, appealing to international investors...

28 mar 2024
Curio Legacy Ventures (Curio), a frontrunner in nuclear technology innovation, proudly announces a strategic partnership with Navarro Research and Engineering, Inc. (Navarro). This collaboration signals a significant step forward in advancing nuclear...

28 mar 2024
On March 19, DMEGC Solar received the Acknowledgement of Manufacturer's Laboratory Competence issued by TÜV Rheinland, a global certification agency, proving its excellence in PV module R&D and quality control. The acknowledgement is TÜV Rheinland's...

28 mar 2024
Midea Group: Background: Midea Group, a leading global technology group, recently released its 2023 Environmental, Social, and Governance (ESG) Report with ambitious sustainable development goals set for 2030. They include achieving over 500...



News published on and distributed by: