EM investor group preps 'enhanced' ESG bond principles amid greenwashing concerns

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EM investor group preps 'enhanced' ESG bond principles amid greenwashing concerns

Ecuador Amazon Coca oil near Yasuni park 2016 from Adobe 24Jan21 575x375
An oil production facility on the edge of the Yasuni National park near Coca, Ecuador, 22 October 2016. The oil production is an international controversy as it threatens the biodiversity and the indigenous population. The environmental encyclica of pope Franics "Laudato Si" has been activated for more than a year - but in how far does it function practically? Visiting the Amazonian rainforest reminds us how difficult the fight is. Photo: Georg Ismar/dpa | Georg Ismar/DPA/PA Images

The Emerging Markets Investor Alliance, a non-profit comprising several major EM asset managers, will release “enhanced” principles for green, social, sustainable and sustainability-linked bonds on Thursday in response to what it sees as a “loss of confidence” in the labelled bond asset class.

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