A passive Article 9 fund from Handelsbanken has outperformed the majority of its peers, mainly due to the low carbon intensity of the tech giants and their strong performance this year. But this does show the increasing significance of passive money in sustainable investing, the ESG credentials of which are underpinned by good data and sensible index construction rules. Three 'pretty-please-with-a-cherry-on-top' requests... 💡 Please can data providers be timely in incorporating M&A into corporate activity assessments - research on lagging unconventional oil and gas exclusions here: https://lnkd.in/e-t9zSVM 💡 Please can ESG ratings agencies look through complex debt structures to represent the true climate impact of borrowers - research on SPV structures funding gas pipelines here: https://lnkd.in/eTR-eSt3 💡 Please can Partnership for Carbon Accounting Financials (PCAF) support project-based emissions reporting for green bonds, and so encourage increased impact transparency and potentially lower funding costs - research on this slightly idealistic but very sensible proposal here: https://lnkd.in/ek9JMRCZ Thanks so much x https://lnkd.in/ep3vqzeM
Nick Gaskell
6mo
Three very sensible and important asks!
Emerging Markets Specialist with a particular focus on ESG issues. All views, comments, posts personal only'
6moVery interesting- it may be a passive fund but interesting perhaps what it’s not investing in, though honesty I haven’t looked in depth. Only my personal comment