The PRI discusses with representatives from CRAs (Moody’s Investors Service and S&P Global Ratings), investors (Barings and PIMCO) and a bond issuer (NRG) the challenges of ESG in credit risk during a panel session at the San Francisco conference on Responsible Investment in Fixed Income this January.
By Justin Sloggett, Head of ESG Investment Research, the PRI and Matt Orsagh, Director of Capital Markets Policy, CFA Institute
Portfolio managers and analysts are increasingly incorporating ESG factors in their investment analyses and processes. However, ESG integration remains in its relative infancy, with investors and analysts calling for more guidance on exactly “how” they can “do ESG” and integrate ESG data into their analysis
Case studies by Massachusetts Bay Transport Authority and Breckinridge Capital Advisors
Case study by AllianceBernstein
Case study by RLAM
Issuer engagement on ESG factors is becoming increasingly commonplace. Investors are starting to formalise their engagement as an integral part of their approaches to responsible investment.