IR+M: Looking at ESG-Labelled Bond Issuance


‘ESG-labelled bond issuance again reached record levels in 2021. Continued growth is projected in 2022 as demand remains healthy and issuers look to take advantage of the space. Within the US market, issuance remains concentrated and reporting requirements are voluntary. While we applaud the progress being made and recognize the growing importance of the segment, we remain cautious about relying on a label to dictate our ESG positioning. We continue to monitor the market and invest in ESG-labelled bonds when we feel confident that the credit, structure, and price provide value for our portfolios.’

Link: Looking Beyond the Labels – Income Research + Management