BIL partners with CANDRIAM for the development of its ESG services

fr en de

To enhance its range of investment products and services that incorporate environmental, social and governance (ESG) criteria, Banque Internationale à Luxembourg (BIL) announces a strategic partnership with CANDRIAM, a global multi-specialist asset manager and recognised leader in the field of sustainable investing.

<< Back
04/03/2021 | Partenariat
  • BIL HQ (002)

Our planet is increasingly exposed to the unpredictable consequences of climate change and the depletion of natural resources. The investment needed to reach the targets set in the Paris Agreements for 2030 is considerable, and public investment will not be enough.

The finance industry has a decisive role to play in chanelling investments that, as well as generating a return, will help in the pursuit of environmental and social goals. In addition to financial data, asset management companies and financial advisors must incorporate ESG factors into their analysis, and present this clearly to their clients. This is a sizeable challenge for the industry given the huge increase in data volumes and the lack of standards.

As a responsible bank, BIL is fully committed to sustainable finance. To improve its offering, the bank has partnered with CANDRIAM, a leader in this field:. The partnership will give access to CANDRIAM’s ESG expertise: proprietary data, training and advice. With better visibility over, and a greater ability to measure, ESG factors, BIL will be perfectly equipped to reflect them in its investment decisions and in the products and services that it offers its clients.

Alessandra Simonelli, Head of Sustainable Development at BIL, said: “We believe that banks have a key role to play in fighting climate change. By providing clients with clear information on the sustainability of our products, and by developing our ESG range, we will be contributing to this. We felt it essential to join forces with a partner like CANDRIAM whose core business is based on combining fundamental analysis with use of ESG data.”

David Czupryna, Head of ESG Development at CANDRIAM, added: “Because they finance the personal and business projects of the future, banks have a key role to play in the transition towards a more sustainable world. CANDRIAM is proud and honoured to have been chosen to support BIL in its journey as a responsible bank. We will do everything we can to advise it and help make its long-term vision a reality.”

CANDRIAM is one of the first signatories of the UN Principles for Responsible Investment. For its assessment process, CANDRIAM employs a dedicated ESG research team, which examines companies’ ESG performance either in absolute terms or relative to industry peers, focusing on those ESG factors considered to be most significant.

Back to top  | << Back

Communiqués liés

NO-NAIL BOXES ISIBOX 66 3
01/02/2023

Les emballages responsables de NO-NAIL BOXES au LogiMat

Vous êtes à la recherche d’une solution d’emballage responsable ? Alors, ...

NO-NAIL BOXES
DSC01845
01/02/2023

Première édition des Roues Ovales Luxembourgeoises – Tou...

DSM Avocats à la Cour, en collaboration avec ROTOMADE, Degré110 et Backtosport...

DSM
CliffordChance
01/02/2023

Clifford Chance advises the EIB on its first GBP-denominated...

International law firm Clifford Chance has advised the European Investment Bank ...

Clifford Chance
Jan Saalfrank HD small
01/02/2023 Personnalités

Pinsent Masons renforce son bureau luxembourgeois avec l’a...

Pinsent Masons renforce son bureau luxembourgeois avec l’arrivée de Dr. Jan S...

Pinsent Masons
Jean-Daniel Zandona (002)
30/01/2023 Partenariat

Arab Bank (Switzerland) Ltd. signs up with Apex Group’s di...

European Depositary Bank (“EDB”), the Luxembourgheadquartered provider of ba...

Apex
NumericALL Logo

Lancement du premier Bootcamp « Low Code »

Un bootcamp nouvellement créé pour initier les entrepreneurs et les informatic...

NumeriALL

Il n'y a aucun résultat pour votre recherche

We use cookies to ensure the best experience on our website. By accepting you agree the use of cookies. OK Learn more