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Fixed Income & Cash

Fixed income includes government bonds, corporate bonds and asset-backed securities. Cash typically refers to money market instruments and short-term, highly liquid investments that provide capital preservation and stability.

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Directors' liability and climate risk: White paper on India

Commonwealth Climate and Law Initiative
This paper explores the legal obligations of directors in addressing climate risk and mitigating their environmental impact. This report studies the duties of directors in relation to trust and loyalty, competence, disclosure, and their application in the context of climate risk, according to existing company and securities laws in India.
Research
3 October 2021

Guidance and case studies for ESG integration: Equities and fixed income

Principles for Responsible Investment (PRI)
The CFA Institute and Principles for Responsible Investment commissioned a survey on ESG integration, revealing that 56% of investors integrate governance into their equity analysis. Analysts may engage in ESG in fixed-income analysis to evaluate the risks and value of assets. ESG issues help investors arrive at estimates of fair stock value.
Research
7 September 2018

Climate scenario analysis: Cement's financial performance under 2°c and 2.7°c

The report examines the financial implications of climate transition scenarios on the cement sector's future. It provides useful insights to company analysis and financial risk analysis for the cement sector, providing readers with a comprehensive understanding of the impact of climate transition scenarios.
Research
26 July 2018

A little less conversation, a little more action: 10 lessons learned from 10 years of helping investors to tackle climate

ISS
This report presents 10 lessons for investors on tackling climate change. Through this summary, the authors offer insights on methodologies for climate scenario analysis, the intersection of reporting and acting, an effective climate voting process, the role of regulators in transparent carbon neutral investments, among other topics.
Research
20 August 2021

Retiring oil and gas assets will have long-term financial and environmental impacts

Sustainable Fitch
Ageing oil and gas assets will have significant long-term financial and environmental impacts, with decommissioning costs rising steadily in coming decades. Asset retirement obligations could reach US$42 billion by 2024, posing considerable financial, logistical, and environmental challenges given limited financial assurance requirements, regulatory loopholes, and the complexity of decommissioning.
Research
13 January 2023

The good transition plan: Climate action strategy development guidance for banks and lending institutions: COP26-version

Climate Safe Lending Network
This guide is designed for banks and lending institutions to assist in the creation of a climate action strategy. The report analyses the challenges and solutions to financing transitions towards a climate-safe world, outlining a comprehensive seven-element framework, key tools for measuring alignment with Paris Goals, and numerous sector guidelines.
Research
1 February 2022

Prosperity without growth: The transition to a sustainable economy

The authors of this report argue that society's pursuit of economic growth has been detrimental to the environment and economic sustainability. The report challenges traditional thinking around the benefits of growth and argues for a new macro-economics for sustainability.
Research
27 March 2009

Climate change analysis in the investment process

CFA Institute
This report emphasises the need for investors to consider the physical and transitional risks of climate change in their portfolios. It highlights the importance of integrating carbon pricing and scenario analysis into investment processes. The report advocates for greater education and improved disclosure from issuers to facilitate better climate-related analysis.
Research
15 September 2020

Insuring a low carbon future: A practical guide for insurers on managing climate-related risks and opportunities

ShareAction
This report explores how climate awareness is being integrated into underwriting, investment, and group-wide risk management practices in the insurance industry. It identifies common barriers and presents a practical framework of eight building blocks relevant for insurers introducing and developing climate strategies. Based on interviews with 14 proactive insurers.
Research
11 September 2019

Biodiversity loss and land degradation: An overview of the financial materiality

Cambridge Institute for Sustainability Leadership
This report provides key insights into the materiality of biodiversity loss and land degradation with a focus on financial risks while reviewing the literature available. The report highlights biodiversity's prominent role in the economy, the major threats to biodiversity, the tools available to measure biodiversity's impact and outlines a typology for nature-related financial risks.
Research
18 August 2020

Intentionally designed endowment primer

Intentional Endowments Network
This primer provides insight into aligning endowment investments with institutional missions while considering sustainability. The report includes strategic questions, background, examples, and relevant research. Intended for fiduciaries, this primer encourages institutional acceptance and deployment of Environmental, Social, and Governance (ESG) criteria to facilitate profitable sustainability while advancing social purpose.
Research
29 August 2019

Future of sustainability in investment management: From ideas to reality

CFA Institute
This report examines sustainable investing, considering the increasing investor demand for ESG factors and how to adapt to the sustainability paradigm. It identifies business model and investment model drivers, as well as operating and people model enablers and the challenges and skills required for integrating ESG.
Research
25 November 2020

Study on sustainability - related ratings, data and research

European Commission
This study on sustainability-related ratings, data and research seeks to explore the sustainability data landscape and the issues related to the assessment and evaluation of sustainability performance. It examines various sustainability-related rating systems, methodologies, and data providers, with insights from asset managers, asset owners, and benchmark administrators.
Research
26 August 2021

Chapter Zero New Zealand Board Toolkit

Chapter Zero New Zealand
This toolkit is published to provide tools, support, and encouragement to prioritise climate change on boards and within organisations. The resource outlines 5 steps to ensure boards are well-equipped to address climate change, with relevant industry sector case studies.
Research
28 March 2023

Who cares wins: Connecting financial markets to a changing world

United Nations Global Compact
The report outlines recommendations by leading financial institutions for integrating environmental, social, and governance factors in financial analysis and investment decisions. Produced under the auspices of the United Nations Global Compact, this report reflects the commitment to corporate responsibility and sustainable development by twenty endorsing institutions.
Research
27 December 2004

A roadmap for Australian investors: How to invest to achieve gender equity, racial equity, diversity and inclusion

Impact Investing Australia
This a guide to help investors achieve gender equity, racial equity, diversity, and inclusion. This report presents qualitative and quantitative analyses from surveys of key Australian impact investing actors, virtual interviews with identified key informants, and a focused narrative literature review of contemporary global gender lens investing practice.
Research
27 March 2022
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