HSBC offers unique ESG wealth products for its customers

Doha: HSBC has announced that it offers a unique wealth management proposition for its customers that includes over 80 ESG bonds, demonstrating its support to individuals who wish to use green finance in their efforts to recognise the global sustainability agenda.

“These debt instruments encourage investments that are based on the bond issuer’s adherence to environmental, social and governance (ESG) criteria,” said Omar Al Ansari, Head of Wealth and Personal Banking at HSBC Qatar. “Our customers are becoming increasingly aware of building a wealth portfolio that focuses on ESG as a prime requirement, and for their investments to support climate and sustainability agenda,” added Al Ansari.  ESG bond issuers generally use the proceeds to yield positive environmental, social and governance outcomes and contribute to environmentally friendly operations. Their social impact can be managed through relationships with employees, suppliers, customers and the communities in which their business operates as well as investing in corporate governance with quality leadership, executive pay audits, internal controls and shareholder rights.