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Title:Collective certificates for structured products covering 2014
Date of publishing:June 11, 2015
Hits:6380
Category:News
Language:English
Also available in the following languages:Dutch, French

Collective certificates for structured products covering 2014
June 11, 2015


In 2013 and 2014 Forum ETHIBEL has awarded several certificates to structured products issued by BNP Paribas, AG Insurance and SecurAsset. These products are subject to an annual audit by Forum ETHIBEL in order to confirm whether the reinvestments during the past year were carried out in accordance with the products’ ethical and societal profiles. The certification concerns the following products:
 

  • A series of structured notes issued by BNP Paribas Fortis Funding and BNP Paribas Arbitrage Issuances, called SRI Notes, Lock Notes, Coupon Notes, etc.
  • A series of investment funds issued by AG Insurance called Smart Invest Bon SRI, linked to the individual life insurance (branch 23) Smart Invest Portfolio.
  • A structured noted issued by SecurAsset called SecurAsset (LU) Responsible Coupon Note 2022.

The return on this investments is linked to the evolution of the Ethical Europe Equity Index, an ethical stock index composed of 30 European stocks selected based on their ESG performance, and according to financial criteria. In addition, the total deposits collected with these products is deposited with BNP Paribas Fortis, to be reinvested in accordance with ethical and societal criteria.

Forum ETHIBEL concludes that the total deposits have been reserved for investments in the following categories:

(1) Green loans contracted and recorded in 2014 (17.05%)
(2) Green energy loans to companies (20.74%)
(3) Education (20.74%)
(4) Water and Energy (20.74%)
(5) Hospitals (20.74%).

Consult the collective certificates of the BNP Paribas SRI Note serie, the AG Insurance Smart Invest Bon SRI serie and the SecurAsset Responsible Coupon Note.