EdenTree shuns 'greenwashing' bonds for 'impact instruments'
Standardisation of products needed, manager argues

EdenTree's David Katimbo-Mugwanya
The green bond market is riddled with greenwashing and unacceptable levels of "additionality", and is in need of standardisation, according to ESG specialist EdenTree's David Katimbo-Mugwanya.
Instead, the manager of the £160m Amity Sterling Bond fund has focused his exposure on unrated "impact instruments" to gain exposure to ESG-positive investments and greater yields. Investment industry...
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