LLB completes range of sustainable investments
Since 1 August 2022, the investment advice and asset management services offered by LLB have been “completely geared towards sustainability”, as LLB explained in a press release. It recently launched the LLB Impact Climate Obligations Global Fund. In conjunction with the LLB fund Impact Climate Equities Global Passive, the new Impact fund now rounds off the bank’s offering of sustainable investments with funds focusing on climate protection.
“The fight against the dramatic pace of climate change is one of the most urgent tasks of our time,” explained Gabriel Brenna. According to the CEO of the banking group majority owned by the Principality of Liechtenstein, global finance plays an important role in the transition to a climate-friendly economy. “That is why we are delighted to present two products with our Impact funds that fulfil this responsibility in the best possible way,” said Brenna.
According to the press release, sustainability has been a key pillar of LLB since it was founded more than 160 years ago. With the introduction of the ACT-26 strategy, this issue has become even more relevant. LLB offers its customers different sustainable investment solutions. While the bank’s ESG funds pursue economic and sustainable goals, the Impact fund prioritizes making an active contribution to sustainability. At the end of July 2022, LLB included the wiLLBe digital app for sustainable asset management in its product range.