Issue link: https://maltatoday.uberflip.com/i/1007543
maltatoday | WEDNESDAY • 25 JULY 2018 11 ANALYSIS www.creditinfo.com.mt info@creditinfo.com.mt Tel: 2131 2344 Your Local Partner for Credit Risk Management Solutions Supporting you all the way HSBC Global Asset Management Malta launches the Lower Carbon Funds range AS global awareness of envi- ronmental sustainability risks increases and momentum around climate-related in- vestments continues to build, more investors realise the im- portance of sustainable invest- ment. HSBC Global Asset Man- agement Malta announced the launch of the HSBC GIF (Global Investment Fund) Lower Carbon Equity Fund and the HSBC GIF Lower Car- bon Bond Fund, two lower car- bon funds that aim to address climate-related investment risks using robust composite carbon data to achieve a lower carbon portfolio than their re- spective reference benchmark. Climate change is a material investment issue, creating risks and opportunities as compa- nies are impacted directly or as a result of regulatory changes. By taking a proactive ap- proach, HSBC is offering in- vestors an opportunity to mitigate some of the risks as- sociated with climate change. Wayne Spiteri, Managing Director of HSBC Global As- set Management Malta, which is the official distributor of the HSBC GIF Lower Carbon Funds, said that HSBC was focusing on a more collabora- tive engagement with investors with the aim of ensuring that finance be part of the solution to sustainability. "We recognise that the world needs to move to a lower- carbon economy to be able to tackle climate-related issues and grow in a sustainable man- ner," he said. As a leading fund manager, HSBC Global Asset Manage- ment has integrated sustain- able investing in its investment management. The implica- tions of climate change and transitioning to a lower-car- bon economy are now core investment considerations. The HSBC GIF Lower Carbon Bond and Equity Funds aim to reduce total exposure to se- curities and sectors that pro- duce the highest greenhouse gas emissions. In the Lower Carbon Funds, all holdings must pass a carbon-intensity assessment to be eligible for purchase. These funds are managed by HSBC Global Asset Manage- ment, one of the largest asset managers in the world. It spe- cialises in investment products both for retail and institutional clients, managing over €400 billion in assets while being present in over 26 countries. "The world needs to move to a lower-carbon economy" FIMBank engages new talent FIMBANK has welcomed 14 new employees who have been engaged to hold different roles within the various units at the Bank. The FIMBank Group now employs 400 employees, with half being based in Malta. Christine Coleiro, Group Chief Human Resources Of- ficer, stated that for FIMBank, the development of a positive and sustainable working environment was con- ducive to employees' personal and professional career growth. "Amongst various initiatives aimed at delivering value- driven benefits, FIMBank focuses on employees' entre- preneurial skills as well as their wellbeing," she said. "To strengthen cohesion between staff and manage- ment, we have introduced a new, cloud-based self-ser- vice platform catering for all HR needs across the group." Apart from the substantial opportunities, the bank's employees also enjoy various benefits, such as subsidised home loans, retirement savings plans, health insurance, child care, and fitness allowances. For further informa- tion on the vacancies at FIMBank, please visit www.fimbank.com