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BIL Teams Gets Into the Sustainability Game
Tom Burroughes
8 March 2021
Banque Internationale à Luxembourg has partnered with European firm Candriam, the asset manager with a specialist offering in sustainable investing, pointing to how firms continue to follow this trend. Candriam is an affiliate of New York Life. “We believe that banks have a key role to play in fighting climate change. By providing clients with clear information on the sustainability of our products, and by developing our ESG range, we will be contributing to this,” Alessandra Simonelli, head of sustainable development at BIL, said. In October last year Banque Internationale à Luxembourg SA, aka BIL Suisse, launched a branding campaign. This publication also recently spoke to the head of that business about strategy.
The partnership will give BIL access to Candriam’s capabilities in environmental, social and governance-themed investing, its proprietary data, training and advice.
Candriam oversees about €125 billion of assets under management and has offices in Luxembourg, Brussels, Paris, and London, serving clients in Europe, Asia-Pacific and the Americas.