M&G Investments – Defining sustainable investments in European leveraged finance and CLOs: Part 2

There is a diversity of ESG ratings and scores across the leveraged finance markets, as well as multiple providers. To the consternation of some investors, this is not a regulated activity, and one firm’s methodology can vary from another’s as much as the objectives that it may have set. The final instalment of this two-part analysis looks at what a sustainable investment in European leveraged finance consists of, who the onus sits with and the regulatory evolution.