Verisk Maplecroft: Bond funds are investing in sovereigns with worse ESG ratings than Russia

Nine areas of ESG risk

Kathleen Gallagher
clock • 1 min read
Verisk Maplecroft identified 15 sovereigns with a worse ESG score than Russia
Image:

Verisk Maplecroft identified 15 sovereigns with a worse ESG score than Russia

A report from research firm Verisk Maplecroft has found 15 sovereigns that are typically found in bond funds have a worse ESG profile than Russia.

The research, released today (9 June), assess issuers across nine areas of ESG risk: four on environmental risks, three on social risks and two on governance risk. The study identified hard currency issuers, including Turkey and Egypt, who are "still heavily traded," score worse than Russia on these metrics. Verisk Maplecroft said human and labour rights violations were "standout weaknesses" for Ankara and Cairo and added that Turkey had "persistent political risks" and corruption had spread throughout the country. "Geopolitical shifts suggest that the previous assumption that all ...

To continue reading this article...

Join Investment Week

  • Unlimited access to real-time news, analysis and opinion from the investment industry, including the Sustainable Hub covering fund news from the ESG space
  • Get ahead of regulatory and technological changes affecting fund management
  • Important and breaking news stories selected by the editors delivered straight to your inbox each day
  • Weekly members-only newsletter with exclusive opinion pieces from leading industry experts
  • Be the first to hear about our extensive events schedule and awards programmes

Join now

 

Already an Investment Week
member?

Login

More on ESG

Will Argent, manager of the Gravis Clean Energy Income fund
UK

Gravis' Argent: Rising energy prices creates 'more potential' for clean energy

Gravis Clean Energy Income fund

Elliot Gulliver-Needham
clock 30 June 2022 • 3 min read
The Sustainable Investment Festival will take place from 11-12 July
ESG

Sustainable Investment Festival 2022: Less than two weeks to go!

In-person event takes place 11-12 July

Beth Brearley
clock 29 June 2022 • 2 min read
London Climate Action Week: The most practical solutions
ESG

London Climate Action Week: The most practical solutions

What are managers doing?

Investment Week
clock 27 June 2022 • 1 min read
Trustpilot