HSBC introduces biodiversity mandate for Asia

Professional investors in Hong Kong can now access HSBC Global Private Banking’s first global biodiversity discretionary strategy, with plans to make it available to accredited investors in Singapore later this year.

The Global Biodiversity Discretionary Strategy intends to capitalize on the growth potential of businesses that are well-positioned to “harness, regenerate and protect biodiversity via the circular and bio-based economy”, according to the firm.

“The rapid loss of biodiversity threatens sustainable livelihoods and poses a significant risk for global economic activity. As sustainable investing continues to develop and mature in Asia, investors are placing greater emphasis on sustainability factors in their investment decisions,” said Lina Lim, regional head of discretionary and funds, investments & wealth solutions, Asia Pacific, HSBC.

Biomaterials, water solutions, sustainable food systems, innovative urbanism, sharing, repair & eco-design, distribution systems, performance materials, and waste & recycling are among the eight biodiversity-related issues covered by the portfolio.

Lombard Odier, a founding member of the Natural Capital Investment Alliance, devised and will oversee the strategy for HSBC (NCIA). It will be available only to Asia’s wealthiest professional investor clients.