The subject of sustainability-linked bonds was analysed in depth by a panel at Environmental Finance's ESG in Fixed Income Europe 2020 virtual conference.
The bond structure of, and investor response to, Enel's sustainability-linked bond was discussed, as well as the industry response to findings from ICMA's Working Group on sustainability/KPI-linked bonds.
The panel also heard from Daniel Weiss, deputy group treasurer at Novartis, whose sustainability-linked bond is the first to include social KPIs.
A clip of the panel can be viewed below. The full panel discussion and the other discussions from the event are still available to view on the events platform.
Moderator: Marilyn Ceci, Managing Director & Global Head of ESG Debt Capital Markets, J.P. Morgan
Panellists: Alessia Falsarone, Head of Sustainable Investing, Senior Portfolio and Risk Strategist for Fixed Income, PineBridge Investments
Daniel Weiss, Deputy Group Treasurer, Novartis
Lili Hocke, Product Manager, Sustainalytics
Marcelo Feriozzi Bacci, CFO, Suzano