Our annual business update

Our annual business update

Over 2021 we have expanded our business, grown our team and continued to hold ourselves to the same – or higher – standards that we expect from the issuers in which we invest. We are pleased to have delivered on financial returns over the medium term with...
Screening for impact: Spotlight on Sovereigns

Screening for impact: Spotlight on Sovereigns

Governments hold a crucial role in shaping and facilitating national transitions to a low carbon and socially equitable economy given the breadth and scale of their mandates, as well as their power to catalyse private sector action. Sovereign impact bonds are a key...
Impact investing to finance the net zero transition

Impact investing to finance the net zero transition

The Intergovernmental Panel on Climate Change’s (IPCC) sixth assessment report (AR6), the first section of which was published in August 2021, presents a sobering assessment of the lagging efforts the world has taken to reduce GHG emissions.[1] The AR6 emphasises what...
Greenium – fact or fiction?

Greenium – fact or fiction?

Introduction Since the inception of the green bond market, there has been a debate around the concept of a green bond yield discount, or ‘greenium’. ‘Greenium’ is the idea that issuers are able to obtain a cheaper cost of funding by issuing debt with a specified ‘use...
2020: A year in review

2020: A year in review

The events of this year have shone a light on the economic and societal inequalities both within and between nations and have forced global leaders to respond with speed to unprecedented incidents. Alongside what has been a difficult year for many, there have been...