Investors seeking more than just financial return face the risk to issue bonds that are green in the name only. According to Financial Time, “the green bond market is growing faster that ever, and companies and government have borrowed more than $100bn so far this year”. However,...
ESG Rating / 22.07.2019
ESMA advises against explicit ESG analysis mandate for credit rating agencies
“Credit rating agencies should not be explicitly required to consider environmental, social and corporate governance (ESG) factors when assessing issuers’ creditworthiness, according to the EU financial markets watchdog.” This is what IPE claims right after ESMA (European Securities and Markets Authority) decision of excluding the explicit...
A US$ 500m ETF run by Vanguard that claims in its marketing material to specifically exclude "fossil fuel" stocks invest in several companies in the oil and gas industry, including oil services company Schlumberger, pipeline company Kinder Morgan and crude oil refiner Marathon Petroleum, as of...
SVI Senior Partner, Daniela Carosio, gives an interview on July 2019 release of Il Copernicano, the review of Copernico SIM S.p.a. for financial advisors. The 2019 July issue of Il Copernicano is focused on Sustainable/Responsible Investments and ESG criteria and aims at questioning whether the great present...