Raw: [
Bloomberg announced today the launch of the Bloomberg Government Climate Tilted Bond Indices, a new […]]
Bloomberg Launches New Suite of “Climate Tilted” Versions of Government Bond Indices – ESG Today
ESG Investing, sustainable finance & business sustainability news
ESG investing news, analysis, research and information
Top Stories ESG News
Companies
Government
Investors
Regulators
Sustainable Finance
ESG Solutions ESG Tools, Services
Companies Companies
Investors Investors
ESG Disclosure ESG Reporting
Analysis
Regulators
Reports, Studies
Newsfeed
Whitepapers
Events
About About us
Our Team
Advertise With Us
New funds & products
Bloomberg Launches New Suite of “Climate Tilted” Versions of Government Bond Indices
Mark Segal
April 4, 2024
Bloomberg announced today the launch of the Bloomberg Government Climate Tilted Bond Indices, a new series of government bond benchmarks aimed at offering investors with exposure to its flagship fixed income benchmarks, in addition to the low-carbon transition, by increasing weightings on countries incorporating climate transition objectives.
At launch, the new series will include 14 indices, including global, Eurozone and emerging markets benchmarks.
In order to achieve the increased climate transition weightings, the new indices use Bloomberg Government Climate Scores (GOVS) to adjust country weights, which assess a government’s relative preparedness in the transition to a low-carbon world. Utilizing BloombergNEF data, the scores are comprised of three equally weighted pillars, including “Carbon Transition,” “Power Sector Transition,” and “Climate Policy.”
According to Bloomberg, the new indices aim to balance climate change risk and opportunity considerations with the need to maintain benchmarks that accurately reflect market liquidity and concentration risks. The firm added that the GOVS climate scores can be used for the creation of custom indices to meet investment specific portfolio objectives, such as minimum emissions reductions on a fixed year-over-year decarbonization trajectory.
Chris Hackel, Head of Sustainable Indices, Bloomberg Index Services Limited, said:
“The newly launched Bloomberg Government Climate Tilted Bond Indices are designed to consider not only a country’s progress against its climate ambitions, but also forward-looking measures of outlook, including investment in renewable energy capacity.”
Mark founded ESG Today following a 20 year career in investment management and research. Prior to founding ESG Today, Mark worked at Delaney Capital Management (DCM) in Toronto, Canada, most recently as the firm’s head of U.S. equities. While at DCM, Mark was part of the firm’s ESG team, responsible for evaluating and tracking the sustainability factors impacting portfolio companies, and assessing the suitability of companies for portfolio inclusion. Mark also spent several years in the sell-side research industry, covering the technology and services sectors. Mark holds an MBA from Columbia University in New York, a BBA from the Schulich School of Business at York University in Toronto, and is a CFA charterholder.
Related Posts
New funds & products /
UBS Launches New Net Zero-Aligned S&P 500-Based ETF
New funds & products /
BNP Paribas AM Launches Global Net Zero Transition Fund
New funds & products /
Morningstar Launches New Index Series Targeting Companies Leading on Low Carbon Transition
‹ Clean Energy Developer Solarig to Build $850 Million Sustainable Aviation Fuel Plant in Spain
ESG Today Newsletter – Subscribe
Subscribe to the ESG Today NewsletterJoin our mailing list for the latest breaking ESG investment news!
LevelC-LevelSVP / EVPDirector / VPManager / SupervisorMid or Entry LevelFreelance / ContractStudent / InternRetiredOther
FunctionAccounting & FinanceBusiness Development & SalesCustomer SupportFacilitiesHR & TalentInvestingLegalMarketing & CommunicationsOperationsR & DProcurement & ContractingSupply Chain & DistributionSustainabilityStrategyTechnologyOther
SUBSCRIBE!
You have Successfully Subscribed!
Sustainable Finance
JPMorgan, Citi, RBC Reach Deals with NYC to Disclose New Climate Finance Metric
MUFG Triples 2030 Sustainable Finance Target to $660 Billion on Strong Demand
Constellation Energy Issues First Nuclear-Focused Green Bond in U.S.
Deutsche Bank Ties Senior Exec Compensation to Loan Book Decarbonization Goals
Government
Biden Administration Announces $20 Billion of Awards to Finance Clean Energy Projects in Low-Income Communities
Shell Appeals Court Ruling Ordering it to Slash Emissions by 2030
Biden Administration Allocates $4 Billion Tax Credits to Drive Clean Energy Supply Chain
Mississippi Seeks Multimillion Dollar Penalty Against BlackRock Over ESG Investing
Categories
Select Category
Business Wire
ESG News
Analysis
Climate
Companies
Energy Transition
Environment
ESG Reporting
ESG Tools, Services
Executive Moves
Governance
Government
Guest Posts
Investors
M&A
New funds & products
Platforms & Markets
Private Equity & Venture Capital
Professional bodies
Regulators
Reports, Studies
Social
Social & Governance
Sustainable Finance
Welcome
Back to Top
Home
About us
Disclosure, cookies & privacy policy
© ESG Today 2024
Don’t miss the top ESG stories!Join the ESG Today daily newsletter and get all the top ESG stories, like this one.
Subscribe now below!
LevelC-LevelSVP / EVPDirector / VPManager / SupervisorMid or Entry LevelFreelance / ContractStudent / InternRetiredOther
FunctionAccounting & FinanceBusiness Development & SalesCustomer SupportFacilitiesHR & TalentInvestingLegalMarketing & CommunicationsOperationsProcurement & ContractingR & DStrategySupply Chain & DistributionSustainabilityTechnologyOther
SUBSCRIBE!
You have Successfully Subscribed!
Never miss the latest breaking ESG investment news. Get ESG Today’s newsletter today!
Subscribe Now
c