PNB MetLife has announced the launch of a sustainable equity fund as part of its goal ensuring multiplier plan. This new solution will enable customers to optimize returns and make a positive impact on society by investing in companies that lead the way in environmental, social, and governance (ESG) principles.
The sustainable equity fund offers a diversified portfolio of companies that prioritize sustainable practices, such as reducing carbon emissions, promoting diversity, equity and inclusion, and maintaining strong corporate governance. This balanced exposure to various sectors helps policyholders make a tangible contribution toward a sustainable future.
Sustainable investing is one of the fastest-growing investment trends globally and is a meaningful way to have a positive impact on society while generating wealth. By investing their premiums in companies leading the way in ESG principles, customers can support sustainable investing and contribute to a sustainable future.
Commenting on the launch, Sanjay Kumar, Chief Investment Officer (CIO) of PNB MetLife, said, “At PNB MetLife, sustainability is at the core of our business strategy and guides every aspect of our operations. We understand the importance of sustainable investing and are committed to providing products that align with our company purpose and our customers’ values. The Sustainable Equity Fund reflects our commitment to creating long-term value for our policyholders while contributing to a more sustainable future."
With the launch of the sustainable equity fund, the company looks to further this goal and provide customers with an opportunity to generate wealth while supporting ESG principles, as per PNB MetLife.