Bloomberg: Barclays, MSCI Issue Fixed-Income Sustainability Indices

Avery Fellows, a reporter for Bloomberg BNA, writes:

“Barclays and MSCI Inc. launched a family of fixed-income indices June 11 based primarily on environmental, social, and governance (ESG) factors, which could spur growth in sustainable investing by bond investors, the organizations said.

The set of ESG indices is the first of its kind for bonds, Barclays and MSCI said in a statement.

Cheryl Smith, executive vice president at Trillium Asset Management, told BNA the move was “very welcome,” and that it was the first set of fixed-income ESG indices of which she was aware. Barclays is the industry standard for the fixed-income industry, and MSCI conducts sustainability research, so their decision to work together is significant, she said.”

You can read the entire story here.