VP Bank launches sustainable financial product
27 September 2021
VP Bank is launching a new sustainable financial product. Sustainable Plus will allow investors to make targeted investments in companies that protect the environment and contribute to a fairer society.
The private bank VP Bank has launched a new financial product for socially minded and environmentally conscious investors. Known as Sustainable Plus, this new product goes one step further than the selection of individual investments and funds based on sustainability criteria, as detailed by a press release.
As such, investors have the chance to add themed investments to a portfolio based on their preference for certain sustainability topics. For this purpose, VP Bank provides them with themed investment opportunities in five key areas: environment and climate action, health and demographic change, renewable energies and the circular economy, equal opportunities, education and security, in addition to sustainable infrastructure.
“With a themed approach, investments can be made in a targeted manner in companies whose products or services help reduce emissions or protect the environment in other ways”, VP Bank writes in the press release.
Investments that help to finance environmental projects and social initiatives represent another portfolio component. Investors can achieve “concrete results” in areas such as climate protection in addition to effecting positive social change via these impact investments in the form of green bonds and social bonds, as well as microfinance opportunities. The new product is available either in the form of an asset management mandate or as part of an advisory mandate.
According to the press release, Sustainable Plus came about on the back of the bank’s strategic initiative “Investing for Change”. VP Bank is repositioning its product portfolio to align with this strategy, while at the same time underlining its commitment to improving the sustainability of the financial sector.