The 2022 Final Rule removes the emphasis on the pecuniary factors in selecting ESG investments and is intended to provide clarity on how ERISA’s fiduciary duties of prudence and loyalty apply to selecting investments.
Real estate with an excellent sustainability rating is an attractive proposition for investors. Reduced energy consumption is an important factor in attracting tenants in a high energy cost environment. Properties that meet EU Taxonomy Regulation's green status are qualified.
Sustainable finance deals are hot as companies set environmental targets and investor’s remain keenly interested, with StanChart expecting global issuance of GSSS bonds to reach US$1.7 trillion this year.