Environmental, Social and Governance (ESG) investing received another boost when global research and data provider MSCI challenged the investment community to increase its support of sustainable investing.
Founder and CEO of BlackRock investments Larry Fink, in his annual letter to chief executives, announced that future investment decisions would be made with sustainability as a core goal. While many companies and investors have committed to environmentally-focused investments, the largest firms have previously shied away from making such a commitment.
As investment advisers report that client interest in environmental, social, and governance (ESG) investing is on the rise, the Securities and Exchange Commission (SEC) has launched an investigation into the criteria and methodology used to select the organizations that are considered to be under the ESG umbrella.
On December 5, SFA held its inaugural Environmental, Social, and Governance (ESG) symposium that brought together nearly 200 engaged members, market participants, and other industry experts for a day long discussion on promoting ESG principles within the structured finance market.
While many firms are moving their investments towards ESG funds, critics have questioned how closely these funds actually adhere to ESG principles. Recently, in response to these criticisms, the SEC has sent examination letters to firms to determine if these funds are as socially responsible as they claim.
A recent Asset-Backed Alert from ABAlert.com outlined SFA’s plans to form a task force centered around creating a standard disclosure and reporting approach for environmental, social, and governance (ESG) principles for structured finance products.
On, December 5, SFA welcomed close to 200 participants, including investors, issuers and other key industry members, to a daylong roundtable focused on facilitating the application of Environmental, Social, and Corporate Governance (ESG) principles to the structured finance market.