This article was originally published by our sister publication ESG Clarity
Robeco has launched its first Article 9 sustainable climate high yield fund.
The Climate Global High Yield Bonds strategy is aimed at actively lowering carbon footprints via high yield investments, measured against a Paris-Aligned Benchmark by Solactive.
The strategy uses the potential sustainability impact of asset owners, from a bondholder’s perspective.
It is suitable for the strategic asset allocation of pension funds, insurance companies as well as retail investors.
See also: “Quilter Cheviot rolls out investment management internships“
The fund builds upon Robeco’s range within high-yield and climate-related strategies, such as climate credits and climate global bonds.
The high yield sector traditionally tends to have a higher carbon footprint compared to investment-grade bonds due to its sector composition and industry focus.
But the Robecco Climate Global High Yield Bonds Fund contributes to a 7% reduction in overall emission intensity in the portfolio, on a yearly basis.
It also starts with a 50% lower carbon intensity than the current investment universe and excludes fossil fuel and related activities.
Sander Bus, manager for high yield at Robeco, said: “We believe in safeguarding economic, environmental, and social assets to ensure a healthy planet where people can thrive for generations to come.
“This new strategy offers access to the high yield market with a significantly lower carbon impact than traditional high yield products.”
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