The U.K. government issued its first “green gilt” this week. The government was looking to raise 10 billion pounds from the bond sale. Investors submitted bids for more than 100 billion pounds, showing a massive appetite for this type of bond. A bid-to-cover ratio of over 10 times is rather impressive! What is a green gilt, and what can we learn about the future of the types of bonds governments might issue?
Today’s podcast features a conversation about ESG (environmental, social, and governance) and sustainable investing, including a review of 2020 and an exploration of what might be on the horizon for 2021 and beyond. To discuss, we’re talking with Hannah Skeates and Chris McKnett, Co-Heads of Sustainable Investing at Wells Fargo Asset Management (WFAM).
- Thinking has evolved in the past 10 years on the variety of ways to reduce the level of carbon in an investment portfolio.
- In this post, we’ll describe five approaches to decarbonization in the form of a timeline spanning from circa 2008 to the present.
- Illustrated is a progression of ideas, shifting over time to, most recently, a strategic approach based on goals for achieving a sustainable global economy.
Findings from the latest Wells Fargo/Gallup Investor and Retirement Optimism Index survey (conducted February 10–16, 2020) reveal significant opportunities for our industry to help investors learn about sustainable investing and align their investments with their personal preferences and sustainability values.