Door 12! 🎿
Friday’s door features the French company Hermès, a holding in CB European Quality Fund, and the British company National Grid, a holding in CB Save Earth Fund.
Hermès – from horses to handbags.
⭐ 1837: Since its founding in 1837, the company’s focus has evolved from manufacturing premium equipment for horses to luxury goods such as handbags and silk scarves.
⭐ Kelly: The Kelly bag was named after film star and Princess Grace Kelly, who carried the bag to conceal her pregnancy in Life Magazine.
⭐ Scarves: An Hermès scarf takes on average 18 months to produce, with complex patterns sometimes requiring up to 46 separate silk screen printings.
🌱 Hermès works in line with the UN Global Sustainable Development Goals and has set SBTi-verified CO₂ reduction targets.
National Grid – powering the UK and the US.
⭐ Extensive infrastructure: National Grid operates thousands of miles of electricity networks and gas pipelines in the UK and the northeastern United States, forming critical energy infrastructure.
⭐ Invisible: Despite being one of the world’s largest investor-owned electricity and gas utilities, the company is often perceived as an “invisible” part of the energy system by end consumers.
⭐ Wind power: A key responsibility is upgrading the grid to support the green transition by expanding capacity to connect and manage electricity generated from wind farms.
🌱 National Grid works in line with the UN Global Sustainable Development Goals, has SBTi-verified CO₂ reduction targets, and generates EU Taxonomy-aligned revenues.
This communication should not be considered financial advice, but marketing material.
Please note that all investments involve risk. Unit prices may rise or fall, and investments always carry a risk of loss. Historical returns are not a guarantee of future performance. Please note that the companies were included in the respective fund portfolios as of 12 December. The companies may, in theory, have left the portfolios by the time this door was published.