Cookie Settings
Picture
Contact Us
Picture

Green & Sustainable bonds: a label is not enough

In Short

We expect a significant growth of green bond supply, dominated by issuance in Euro and US Dollar. Corporates, financials and utilities used to comprise the main issuers of green bonds, but more sectors are now joining the party, e.g. car makers. Demand is outpacing supply, leading to a mismatch and, potentially, a larger greenium. As climate risks rise, regulatory interventions may further distort markets.

Over the years, Generali Insurance Asset Management (GIAM) has gained important knowledge of the green & sustainable bonds market, benefitting from a virtuous environment at Group level. GIAM will use this expertise to capture opportunities in this increasingly complex and wide market, for the benefit of its institutional clients.

 

Table of content:

 

Green and sustainable bonds: citius altius fortius

  • The anatomy of the green bond market

  • EU Taxonomy: green history in the making

  • EU Green Bond Standard: a future reference

  • Transition bonds: late to the party

  • Sustainability-linked bonds: a new sub-asset class is emerging

 

Making sure green bonds create an impact on the real world

  • 4 key concepts of impact applied to green bonds

  • What future for the EU Green Bond standard?

  • Are Sustainability Linked Bonds a solution to secure impact?

 

What support from the EU institutional framework?

  • Climate change is high on the agenda of the ECB’s strategic policy review

  • EIOPA regulation: now and then

 

Investing, with an impact, in green and sustainable bonds

  • Not all green bonds are created equal

  • Market dynamics

Download the full publication

Investment White Paper | Green & Sustainable bonds: a label is not enough
PDF
Expertise
Responsible Investing
Insights
About Us
Contact
Picture
Picture
Picture

© Generali Investments, all rights reserved. This website is provided by Generali Investments Holding S.p.A. as the holding company of the main asset management companies of the Generali Group having, directly or indirectly, the majority shareholding in the companies listed below (hereinafter jointly, “Generali Investments”). This website may contain information related to the activity of the following companies: Generali Asset Management S.p.A. Società di gestione del risparmio, Infranity, Sycomore Asset Management, Aperture Investors LLC (including Aperture Investors UK Ltd), Plenisfer Investments S.p.A. Società di gestione del risparmio, Lumyna Investments Limited, Sosteneo S.p.A. Società di gestione del risparmio, Generali Real Estate S.p.A. Società di gestione del risparmio, Conning* and among its subsidiaries Global Evolution Asset Management A/S - including Global Evolution USA, LLC and Global Evolution Fund Management Singapore Pte. Ltd - Octagon Credit Investors, LLC, Pearlmark Real Estate, LLC as well as Generali Investments CEE. *Includes Conning, Inc., Conning Asset Management Limited, Conning Asia Pacific Limited, Conning Investment Products, Inc., Goodwin Capital Advisers, Inc. (collectively, “Conning”).

Legal Information
Cookies Policy
Privacy Policy
Terms and Conditions
Copyright
Glossary