“HSBC Malaysia launches ESG Islamic structured product” – The Star Online – June 11, 2019

On June 11, 2019 The Star Online (Malaysia) reported that “HSBC in Malaysia launched its first environmental, social and governance (ESG) Islamic structured product in the country.

The landmark ringgit principal protected participation floating rate Islamic negotiable instruments  linked to Hang Seng Corporate sustainability index is an ESG-related Islamic structured product which is 100% principal protected if held to maturity. 

The product offered by HSBC Amanah provides customers the opportunity to invest in a product that matches their values when it comes to environmental and social causes, it said in a statement on Tuesday.

‘The launch of the ESG Islamic Structured Product is indeed in line with HSBC Group’s aspiration in sustainable investment and reflects the Group’s overarching commitment to global sustainable development. We at HSBC believe that ESG factors can be used to drive portfolio outperformance and investors should consider these factors when making investment decisions.

In fact, here in Malaysia as well as worldwide, we see more asset owners embracing the notion that long-term sustainability needs to be embedded in their investment processes,’ said Tara Latini, country head, retail banking and wealth management, HSBC Bank Malaysia.”

You may read the article on The Star Online internet site.