Share on LinkedInShare on LinkedIn

ARTICLE · 26 AUGUST 2021

ESG: Key Performance Indicators For Auto ABS Investments

The International Capital Market Association's Asset Management and Investors Council published a statement in March 2021 highlighting the "paucity of relevant and standardised ESG information" for investors in asset-backed securities.

IrelandFinance and Banking

The International Capital Market Association's Asset Management and Investors Council ("AMIC") published a statement in March 2021 highlighting the "paucity of relevant and standardised ESG information" for investors in asset-backed securities ("ABS"). AMIC explained that the absence of such information can make it difficult for ABS investors to accurately and effectively appraise ESG risks for their investments and may also risk penalties for such investors as their regulators and clients introduce more sustainability-related requirements, such as the regulatory requirements set out in Regulation (EU) 2019/2088 on sustainability‐related disclosures in the financial services sector. AMIC expressed the view that ABS investors will be able to increase their investments in sustainable ABS assets if they have better access to relevant and standardised ESG information.

We operate a free-to-view policy, asking only that you register in order to read all of our content. Please login or register to view the rest of this article.

The content of this article is intended to provide a general guide to the subject matter. Specialist advice should be sought about your specific circumstances.

See more popular content from