undefined

10 Feb 2020

Old and new energy – are utilities fit for the transition?

Banner-image

For Marketing Purposes

FOR QUALIFIED INVESTORS ONLY– This document is reserved and must be given in Switzerland exclusively to Qualified Investors as defined by the Swiss Collective Investment Scheme Act of 23 June 2006 (as amended from time to time, CISA).


Are electric utilities governance and strategies well equipped for the transition to a greener world? Florent Deixonne, Head of SRI and Deborah Slama Yomtob, SRI analyst in charge of voting and engagement activities at Lyxor Asset Management present their findings in a report on nine US and European electric utilities with the largest carbon footprints.

Left-side-image
Left-side-image

Click on the story below to learn more

video

One small step to make it happen

Whether you think utilities are leading or lagging the way to carbon neutrality, one thing is clear - finance has the power to change the world, and investors have a critical part to play. Green bonds are great instruments to direct capital towards eco-friendly projects.

Our Green Bond ETF launched in 2017 was the first of its kind in the world. Since then, it’s been awarded the prestigious Greenfin label, a national certification for private investments in a green economy introduced by the French government. The label solidifies its credibility as a fund committed to financing the green economy.

The choice is yours

We believe fossil-fuel companies have a powerful role to play in helping accelerate the low-carbon transition.

Yet we appreciate that some investors’ ESG principles and priorities may not allow for such holdings in their portfolios, which is why you wouldn’t find them in our ESG-screened Green Bond ETF.

This variant of our original fund comes with an issuer-level ESG filter designed to exclude companies involved in fossil fuel and nuclear power, controversial businesses or which operate in violation of the UN Global Compact.

Risk Warning

This document has been provided by Lyxor International Asset Management that is solely responsible for its content.

MULTI-UNITS Luxembourg - Lyxor Green Bond (DR) UCITS ETF - Acc, domiciled in Luxembourg, MULTI-UNITS Luxembourg - Lyxor Green Bond (DR) UCITS ETF - Monthly Hedged to EUR - Acc, domiciled in Luxembourg (Registered Funds) are collective investment schemes approved by the Swiss Financial Market Supervisory Authority FINMA (FINMA) as foreign collective investment schemes pursuant to article 120 of the Swiss Collective Investment Schemes Act of 23 June 2006 (as amended from time to time, CISA) for distribution in Switzerland to non-Qualified Investors as defined in the CISA. The above mentioned Exchange Trade Funds (ETFs) are listed on the SIX Swiss Exchange / BX Swiss.

MULTI-UNITS Luxembourg - Lyxor Green Bond ESG Screened (DR) UCITS ETF - Acc, domiciled in Luxembourg (non-Registered Funds, and together with the Registered Funds, the Funds) is a collective investment scheme not approved by the FINMA as a foreign collective investment scheme pursuant to article 120 of the CISA for distribution in Switzerland. Accordingly, the non-Registered Funds may be offered in Switzerland exclusively to Qualified Investors as defined in the CISA and its implementing ordinance.

Financial intermediaries (including particularly, representatives of private banks or independent asset managers, Intermediaries) are hereby reminded on the strict regulatory requirements applicable under the CISA to any distribution of foreign collective investment schemes in Switzerland. It is each Intermediary’s sole responsibility to ensure that (i) all these requirements are put in place prior to any Intermediary distributing any of the Funds presented in this document and (ii) that otherwise, it does not take any action that could constitute distribution of collective investment schemes in Switzerland as defined in article 3 CISA and related regulation.

Any information in this document is given only as of the date of this document and is not updated as of any date thereafter.

This document is for information purposes only and does not constitute an offer, an invitation to make an offer, a solicitation or recommendation to invest in collective investment schemes. This document is not a prospectus as per article 652a or 1156 of the Swiss Code of Obligations, a listing prospectus according to the listing rules of the SIX Swiss Exchange or any other trading venue as defined by the Swiss Financial Market Infrastructure Act of 19 June 2015 (as amended from time to time, FMIA), a simplified prospectus, a key investor information document or a prospectus as defined in the CISA.

An investment in collective investment schemes involves significant risks that are described in each prospectus or offering memorandum. Each potential investor should read the entire prospectus or offering memorandum and should carefully consider the risk warnings and disclosures before making an investment decision.

Any benchmarks/indices cited in this document are provided for information purposes only.

This document is not the result of a financial analysis and therefore is not subject to the “Directive on the Independence of Financial Research” of the Swiss Bankers Association.

This document does not contain personalized recommendations or advice and is not intended to substitute any professional advice on investments in financial products.

The Representative and the Paying Agent of the Funds in Switzerland is Société Générale, Paris, Zurich Branch, Talacker 50, 8001 Zurich.

The prospectus or offering memorandum, the key investor information documents, the management regulation, the articles of association and/or any other constitutional documents as well as the annual and semi-annual financial reports may be obtained free of charge from the Representative in Switzerland.

In respect to the units/shares of the Funds distributed in and from Switzerland, place of performance and jurisdiction is at the registered office of the Representative in Switzerland.