Bond Investors and ESG perceptions

Both debt IR and environmental, social and governance (ESG) have evolved significantly over the past decade according to INFORMED latest Autumn 2017 issue.

On the debt side, where investor contact in the past may have been more focused around a specific issuance, today issuers recognize the benefit of an ongoing debt IR programme. We are already seeing portfolio managers and their ESG colleagues working in amore joined-up manner rather than as a two separate teams. This impacts IR engagement activity and disclosures, and applies to the debt side as well as from an equity perspective.

"As investors further incorporate ESG factors into fixed income investment decision-making, companies need to strengthen their understanding of their investors ESG sensitivities," commented Pia Gowland, Director Fixed Income, Morrow Sodali.

Read the whole article by downloading the attachment below.