At a signing ceremony at the Oceanographic Museum on Thursday, December 15, CFM Indosuez Wealth Management renewed its partnership with the Oceanographic Institute of Monaco for a further three years.

The partnership demonstrates CFM Indosuez Wealth Management’s desire to strengthen its commitment to protecting the oceans, said Mathieu Ferragut, CEO of CFM Indosuez.

The Oceanographic Institute will continue to provide CFM Indosuez with its expertise in terms of the blue economy and blue finance, as the oceans continue to face major challenges.

The bank’s clients will benefit from dedicated conferences and private visits to the Oceanographic Museum, and its employees will be able to take part in projects carried out by the Oceanographic Institute.

A pioneer in Monaco in 2002 with the first Monegasque fund dedicated to sustainable development, CFM Indosuez has strengthened its blue finance offer with two solidarity-based structured products in 2021 and 2022, called “CFM Indosuez Oceano”.

These products, structured by Crédit Agricole CIB, include a solidarity component in the form of a donation made by clients, with a participation from CFM Indosuez and Crédit Agricole CIB. A total of 171,000 euros were raised in 2021 and 186,000 euros in 2022 and donated to the Oceanographic Institute in support of its Mission Polaire programme and its actions to preserve the oceans and marine ecosystems. These sums are in addition to the funds provided by the bank under its three-year agreement.

“The support provided by CFM Indosuez to the Oceanographic Institute is one of the pillars of our commitment to the protection of the Ocean, alongside the blue finance that we are actively developing. Together with all our employees, who are involved in the Oceanographic Institute’s projects via Citizen Days, we are very happy to continue our partnership with this major player in environmental mediation, whose values and attachment to the Principality we share,” said Mathieu Ferragut, CEO of CFM Indosuez.

“The Oceanographic Institute and CFM Indosuez share a common ambition, that of a more sustainable future for the planet and the Ocean. We are delighted to continue this privileged partnership, for its valuable financial contribution and the operational commitment of its employees to our projects. The support of CFM Indosuez is essential for deploying ever stronger collective action and mobilisation”, said Robert Calcagno, its CEO.

A special guest at the signing was Dr Eva Maire, a post-doctoral student at the coral research hub at Lancaster University, UK, who spoke about the progress being made in ongoing research into the human impact on coral reefs.

PHOTOS: Top, Mathieu Ferragut, CEO of CFM Indosuez, and Robert Calcagno, CEO of the Oceanographic Institute (provided), centre, Mathieu Ferragut, Dr Eva Maire, and Robert Calcagno (Ian Brodie).