The UK bank expects to issue bespoke structured products on its first global index that uses AI to measure a company's ESG momentum, which went live today (30 May).

With Solactive acting as the calculator, the HSBC ESG Risk Improvers Index NTR was developed in partnership with Arabesque AI and ESG Book, both of which are owned by London-headquartered Arabesque Group. The index is designed to track the performance of 1,161 liquid stocks of global companies 'that are expected to benefit financially from improvements in their ESG risk' as measured by their ESG score calculated by ESG Book, an ESG data and analytics provider for public markets.   T

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