Banque SYZ has launched equity-linked bond issued by the World Bank (IBRD), linked to a basket of developed market stocks that meet SDG (Sustainable Development Goals) criteria.
SYZ is the sole distributor of the note, a bond in Switzerland that directly connects private investors to the Sustainable Development Goals (SDGs). Returns are linked to the performance of companies advancing the global development priorities set out in the goals, such as tackling climate change, ending poverty, advancing gender equality, improving health and building sustainable infrastructure.
While ESG (Environment Social Governance) focused solutions are available, the partnership with the World Bank goes beyond these solutions by focusing on the SDGs, which are endorsed by the United Nations and will govern the UN’s global strategy until 2030. In addition, all investments will be used to finance World Bank development projects.
Led by Carole Millet and Manuel Terreault of Banque SYZ’s Advisory team, the project respond to private investors’ aspirations, who are attracted by the combination of a performance-oriented goal and the humanistic spirit of the initiative. This project highlights the willingness of SYZ to adopt a sustainable-investment approach, driven by its capacity to offer innovative products to its clients in line with its entrepreneurial spirit.
“The economic impact of climate change is massive: it affects direct assets, damages future returns and endangers fragile economies. If the awareness to shift to low-carbon emissions is widely accepted, we need to address solutions that protect our investors’ capital and take advantage of both existing and new opportunities,” said Eric Syz, CEO of SYZ Group.