The Mexican arm of the Canadian investment bank has rolled out its first MXN-denominated structured note linked to the IndexAmericas, a corporate sustainability index developed by the Inter-American Development Bank (IDB) and commercialised by BNP Paribas.

Following the launch of the first sustainable play in Mexico via a proprietary index developed by BNP Paribas, SRP spoke to Juan Antonio Carrancedo, head of Scotia Wealth Management Mexico, about then choice of underlying for the inaugural launch, the increasing traction of ESG in the Mexican market and how structured products can provide efficient access to this thematic. “This is the first time Scotiabank México issues a structured note of this kind,” said Carrancedo. &ldqu