FROM THE EDITOR
“Gender Equality” Bond Issue is Oversubscribed—by 20 Times
A $400 million “gender equality bond” issued by Australia’s QBE Insurance Group turned out to be beyond popular: applications of more than $8.25 billion were received for the offering. Adding to its “wow factor,” the QBE bond is the first-ever such bond to be issued in a G3 currency—US dollars, euro, and yen. “The funds raised will be invested in bonds issued by companies that have policies of supporting workplace gender equality,” reports Reuters, including those that have signed up to the United Nations seven principles on Women's Empowerment and entities referenced in the Equileap 2017 Gender Equality Report. The outsized interest in this gender-defined bond reflects the growing attraction for ESG-driven products by mainstream investors.
John Howell, Editorial Director
Special Announcement: National Association of Environmental Management issues EHS & Sustainability Staffing, Structure and Budget Report
ReportAlert: ITV wins inaugural GivX Community Value Award
News & Blogs
(3BL Media/Justmeans) – Organic and non-GMO food is a growing trend among ethical consumers, who want their food purchases to be lighter on their health, animals and the planet. One family-built company based in Arizona is making a difference with its socially responsible approach to food production.
(3BL Media/Justmeans) Science classes provide most teens their sole exposure to biology, and low-income teens depend on this education. Reforming how science is taught can give students the experiences that will most likely captivate them.
(3BL Media/Justmeans) - Diabetes is a massive epidemic. According to the U.N., in 2012 diabetes killed 1.5 million people globally, mostly those who do not have proper access to treatment to manage the condition. To help those patients in more vulnerable positions, Merck, the leading pharmaceutical company in diabetes treatment, has launched a new program to improve the lives of those people.
Guest Blog by Joe Keefe, President/CEO, Pax World Funds
(3BL Media/Justmeans) — The growing demand for ESG transparency is driving adoption of MSCI ESG Quality Score, values and risk metrics. In response, MSCI ESG Research has announced that MSCI ESG Fund Metrics is now available on 10 market data platforms globally in a move to help financial advisors and wealth managers provide their clients with environmental, social and governance (ESG) portfolio transparency.
(3BL Media/Justmeans) – The corporate reporting landscape is increasingly complex, as different countries and organizations move to introduce new standards and revised frameworks. Companies with greater clarity on global reporting standards and principles are in a better position to measure and communicate their ESG performance, and manage risks and opportunities more effectively.