Publication: A New Dawn: Rethinking Sovereign ESG
Date
2021-06-07
ISSN
Published
2021-06-07
Author(s)
Gratcheva, Ekaterina M.
Gurhy, Bryan
Emery, Teal
Wang, Dieter
Oganes, Luis
Linzie, Jarrad K.
Harvey, Lydia
Marney, Katherine
Murray, Jessica
Rink, Rupert
Abstract
Environmental, social, and governance
(ESG) investing is quickly becoming ordre du jour in
sovereign debt investing. There remains, however, lack of
clarity around frameworks for scoring sovereign ESG
performance, industry practices, and the definition of
sustainability itself. This World Bank publication consists
of two independent reports. The first part is written by the
World Bank and takes stock of the current sovereign ESG
investing framework and proposes improvements. The second
part presents a survey on ESG practices among emerging
market (EM) sovereign debt investors conducted by J.P.
Morgan (JPM), which launched the first EM sovereign ESG
index in 2018. This publication is a result of the World
Bank's proactive engagement with stakeholders on
pertinent sovereign ESG issues and is part of a publication
series under the auspices of the Global Program on
Sustainability (GPS).
Citation
“Gratcheva, Ekaterina M.; Gurhy, Bryan; Emery, Teal; Wang, Dieter; Oganes, Luis; Linzie, Jarrad K.; Harvey, Lydia; Marney, Katherine; Murray, Jessica; Rink, Rupert. 2021. A New Dawn: Rethinking Sovereign ESG. Equitable Growth, Finance and Institutions Insight;. © World Bank, Washington, DC. http://hdl.handle.net/10986/35753 License: CC BY 3.0 IGO.”