HSBC Launches ESG Portfolio Analysis Tool
July 21 2020 - 6:16AM
Dow Jones News
By Maitane Sardon
HSBC Holdings PLC said Tuesday that it is launching a tool to
help asset owners and managers measure how their investments
perform against environmental, social, and corporate governance
criteria.
HSBC said the tool consists of a dashboard that will be updated
monthly and will include data on the carbon emissions and the ESG
ratings of the holdings in each portfolio.
HSBC said the tool will use ESG scores and ratings from MSCI,
Sustainalytics and Vigeo Eiris. Investors will be able to use it to
analyze the stocks and bonds in both specialist ESG and non-ESG
portfolios.
"ESG is rising up the agenda for our clients, regulators and
investors alike," said Chris Johnson, Director of Market Data for
Securities Services at HSBC.
He said the tool will enable asset owners to discuss ESG aspects
of large positions in their funds with their managers. Asset
manager clients who already have an in-house ESG capability could
use it to compare with their own research, he added.
Write to Maitane Sardon at maitane.sardon@wsj.com
(END) Dow Jones Newswires
July 21, 2020 06:01 ET (10:01 GMT)
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