The voluntary code focuses on promoting transparency, good governance, management of conflicts of interest, and strengthening systems and controls in the sector
The Global Principles for Sustainable Â鶹´«Ã½ Lending indicated that RISCMTP-Notes could play a ‘positive role’ in delivering strong sustainability outcomes in securities and collateral transactions
This draft voluntary code responds to demands for tighter scrutiny of ESG ratings and data products, recognising the importance that ratings agents and data providers are playing in supporting sustainable investment
The product will provide screening of securities collateral against climate metrics supplied by Deutsche Börse subsidiary ISS, while also evaluating sustainability credentials of counterparties