Allianz Global Investors is a leading active asset manager with over 600 investment professionals in over 20 offices worldwide and managing GBP 452 billion in assets. We invest for the long term and seek to generate value for clients every step of the way. We do this by being active – in how we partner with clients and anticipate their changing needs, and build solutions based on capabilities across public and private markets. Our focus on protecting and enhancing our clients’ assets leads naturally to a commitment to sustainability to drive positive change. Our goal is to elevate the investment experience for clients, whatever their location or objectives.
We started our sustainable investing journey over 20 years ago and were among the first 50 asset managers to sign the United Nations Principles for Responsible Investment (UN PRI) in 2007. We believe that sustainable investing can generate positive performance not just for our clients, but for the community at large.
We aim to integrate environmental, social and governance (ESG) factors across our entire investment value chain to better manage risk and enhance long-term shareholder value. Given the diversity of investors’ objectives and requirements we provide sustainable investing processes with a broad range of approaches, adaptable to different levels of ESG incorporation and client preferences. These enhance our clients’ investment decisions while helping create benefits for society as a whole. The combined assets under management of the ESG risk-focused and Sustainable product categories amount to over GBP 224 billion. Read our new blog for fresh takes on sustainable investing – from renewables to rewilding.
Data as at 31 March 2023
Sustainable Investing News | 8th August 2023
- 02 mins 41 secs
Learning: Unstructured
In this Sustainability News update, our host Rory Palmer discusses this month's news: Impax Environmental Markets Issues EUR60 Mln of Private Notes to Repay Debt; Michael van der Meer was named head of sustainability at M&G Asset Management and finally European Commission adopted the first set of 12 European Sustainability Reporting Standards (ESRS).
London
Tel: +44 (0)2039 955222
New York
Tel: +1 212 661 4111
If you have found this report informative and would like further information please email Asset TV at [email protected]
Speaker 0:
Hello, Welcome to the sustainable investing Update on Asset TV I'm Rory Palmer making the headlines this week Impacts environmental markets issue €60 million of private notes to repay debt, and M and G chooses Michael van der Me as its head of sustainability.
Speaker 0:
First up, the European Commission has adopted the European sustainability reporting standards, however, amendments including a downgrading of some disclosures from mandatory to voluntary the phasing in of some disclosures such as Scope three and the ability for companies to decide what is or isn't material have been called a compromise by sustainable investment commentators.
Speaker 0:
The reporting standards outline the ESG reporting requirements for Corporates as part of the Corporate Sustainability Reporting Directive, which is expected to come into force for the 2024 reporting year and the first submissions due in 2025. And they cover EG issues including climate change, biodiversity and human rights, aiming to provide information for investors to understand the sustainability impact of the companies in which they invest.
Speaker 0:
Next up. The London listed Environmental Investment Trust impacts Environmental markets said it issued €60 million of privately placed notes, proceeds of which will be used to repay debt and provide an element of structural debt. Now the three tranches are notes of 2030 €10 million maturing in September 2030 33 and 2035 respectively,
Speaker 0:
the proceeds of which will be used to repay drawn debt of €32.2 million.25 million pounds provided by the Bank of Nova Scotia, which expires on September 6th.
Speaker 0:
Elsewhere, Michael van der Meer has been named head of sustainability at M and G Asset Management. Mr Van der Meer took responsibility, effective July the 10th for leading the stewardship and sustainability efforts, including research and integration within the asset management business. He'll be based in Zurich and reporting to Fabiana Fedeli CIO of equities, Multi asset and sustainability. He was previously head of sustainable investment analysis within Credit Suisse's global wealth management business.
Speaker 0:
Well, that's all we have time for in this update. I'll see you here on asset TV for more news on sustainable investing next time
Show More
Show Less