A major reality check for ESG proponents: uptake of the climate risk message is not nearly as widespread as thought across UK defined benefit pension managers.
EU Leveraged Finance Association on gaming green bonds: “survey responses suggest concern among investors that some companies may be able to reap the benefit of greenium-style interest savings whilst still avoiding meeting, or even testing, KPI targets by issuing bonds that are callable before the KPI target date.”
SEC’s Asset Management Advisory Committee issues recommendations on ESG, while Commissioner Pierce plays Hatfields to Chair Gensler’s McCoys.
