ESG

The report, published by London think tank Positive Money, calls for a revision of the companies included in the Bank of England’s collateral framework

At this year’s South African Securities Lending Association conference in Cape Town, market participants gathered to discuss how ESG is impacting the financial markets

The net proceeds of eligible bonds will be used by the issuer to finance projects or activities that promote environmental-related activities

The Global Principles for Sustainable Securities Lending indicated that RISCMTP-Notes could play a ‘positive role’ in delivering strong sustainability outcomes in securities and collateral transactions

This draft voluntary code responds to demands for tighter scrutiny of ESG ratings and data products, recognising the importance that ratings agents and data providers are playing in supporting sustainable investment

The product will provide screening of securities collateral against climate metrics supplied by Deutsche Börse subsidiary ISS, while also evaluating sustainability credentials of counterparties

The initiative reflects GASLA’s commitment to provide market participants with a practical framework for evaluating securities lending in the context of financial institutions’ ESG policies