First published in late-December by Hong Kong’s Securities and Futures Commission, the list of ESG-approved funds includes products that meet new ESG disclosure requirements aimed at countering greenwashing.
These disclosure requirements include the fund’s key investment focus, ESG analysis and evaluation methodologies and what the firm believes to be relevant “green” or ESG criteria. The requirements were set out by the regulator in April last year.
In February, the list was expanded to include nine more mutual funds. Since then, four more products were added, according to the regulator’s website.
They include new products that will be managed by Sun Life Asset Management in Hong Kong, as well as a China A-share ETF that will be launched by Haitong Investment Management.
The Sun Life AM Hong Kong ESG Index Fund is also the firm’s first retail mutual fund in the SAR, while the Haitong MSCI China A ESG ETF will be the territory’s first broad-based ESG ETF that invests in A-shares.
The other funds that were added on the list are Ninety One’s Global Environment Fund, which was first launched in Europe last year and was made available to Hong Kong retail investors in June, and BNP Paribas Asset Management’s Energy Transition Fund – which was previously a fund focused on oil and gas.
In total, SFC’s ESG list now has 32 mutual funds and two ETFs.
“The list of green and ESG funds does not constitute an official recommendation of these products or a guarantee of their green or ESG attributes or related performance,” the SFC notes on the website.
Funds passing the SFC’s ESG disclosure filter
| Funds added as of October | |
| BNP Paribas Asset Management | BNP Paribas Energy Transition |
| Ninety One | Global Environment Fund |
| Sun Life Asset Management | Sun Life AM Hong Kong ESG Index Fund |
| Haitong Investment Management | Haitong MSCI China A ESG ETF |
| Funds added as of February | |
| Franklin Templeton | Templeton Global Climate Change Fund |
| Hang Seng Investment Management | Hang Seng Corporate Sustainability Index Fund |
| Pictet Asset Management | Pictet – Clean Energy |
| Pictet – Global Environmental Opportunities | |
| Pictet – Nutrition | |
| Pictet – SmartCity | |
| Pictet – Timber | |
| Pictet – Water | |
| Mirae Asset Global Investments | Global X China Clean Energy ETF |
| Funds added as of January | |
| Alliance Bernstein | Sustainable US Thematic Portfolio |
| Sustainable Global Thematic Portfolio | |
| Allianz Global Investors | Allianz Emerging Markets SRI Bond |
| Allianz Emerging Markets SRI Corporate Bond | |
| Allianz Global Credit SRI | |
| Allianz Global Sustainability | |
| Allianz Green Bond | |
| Amundi | Amundi HK – Green Planet Fund |
| BNP Paribas Asset Management | BNP Paribas Funds Aqua |
| BNP Paribas Funds Global Environment | |
| BNP Paribas Funds Green Tigers | |
| Blackrock | ESG Multi-Asset Fund |
| Sustainable Energy Fund | |
| Fidelity | Fidelity Funds – Sustainable Strategic Bond Fund |
| HSBC Global Asset Management | HSBC Global Investment Funds – Global Equity Climate Change |
| HSBC Global Investment Funds – Global Lower Carbon Bond | |
| HSBC Global Investment Funds – Global Lower Carbon Equity | |
| Janus Henderson | Horizon Fund – Global Sustainable Equity Fund |
| Jupiter Asset Management | Jupiter Global Ecology Growth |
| Schroders | Global Climate Change Equity |
| Global Sustainable Growth |
To learn more about ESG in Asia, click on www.esgclarityasia.com
