Environmental, Social, and Governance Investing : A Primer for Central Banks’ Reserve Managers
This primer responds to central banks’ growing demand for knowledge on social, governance, and environmental considerations (ESG) in the investment process. This area has gained traction in the last two decades. More recently, central banks’ intere...
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World Bank, Washington, DC
2021
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| Online Access: | http://documents.worldbank.org/curated/undefined/677271630474233931/Environmental-Social-and-Governance-Investing-A-Primer-for-Central-Banks-Reserve-Managers http://hdl.handle.net/10986/36285 |
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okr-10986-362852021-09-21T05:10:40Z Environmental, Social, and Governance Investing : A Primer for Central Banks’ Reserve Managers Bouye, Eric Klingebiel, Daniela Ruiz, Marco ENVIRONMENTAL SUSTAINABILITY SOCIAL INCLUSION RESPONSIBLE INVESTMENT PUBLIC INVESTMENT MANAGEMENT CENTRAL BANK RESERVE MANAGEMENT ASSET ALLOCATION GREEN BONDS This primer responds to central banks’ growing demand for knowledge on social, governance, and environmental considerations (ESG) in the investment process. This area has gained traction in the last two decades. More recently, central banks’ interest in ESG has increased, but much of the information available is aimed at investors with different investment objectives and broadly diversified portfolios. The authors fill that information gap by reviewing the definitions of ESG and the main ESG investment approaches, including their applicability to asset classes. The authors then examine how foreign reserve managers can apply ESG investing in their reserve management operations. The authors find limited scope for implementing ESG strategies in reserve management, given that most central banks still invest primarily in sovereign bonds of major economies. Yet, the authors also identify opportunities and critical considerations for central banks interested in implementing ESG investing in their reserve management operations. 2021-09-20T16:57:52Z 2021-09-20T16:57:52Z 2021-03-01 Report http://documents.worldbank.org/curated/undefined/677271630474233931/Environmental-Social-and-Governance-Investing-A-Primer-for-Central-Banks-Reserve-Managers http://hdl.handle.net/10986/36285 English CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo World Bank World Bank, Washington, DC Economic & Sector Work :: Other Financial Sector Study Economic & Sector Work |
| repository_type |
Digital Repository |
| institution_category |
Foreign Institution |
| institution |
Digital Repositories |
| building |
World Bank Open Knowledge Repository |
| collection |
World Bank |
| language |
English |
| topic |
ENVIRONMENTAL SUSTAINABILITY SOCIAL INCLUSION RESPONSIBLE INVESTMENT PUBLIC INVESTMENT MANAGEMENT CENTRAL BANK RESERVE MANAGEMENT ASSET ALLOCATION GREEN BONDS |
| spellingShingle |
ENVIRONMENTAL SUSTAINABILITY SOCIAL INCLUSION RESPONSIBLE INVESTMENT PUBLIC INVESTMENT MANAGEMENT CENTRAL BANK RESERVE MANAGEMENT ASSET ALLOCATION GREEN BONDS Bouye, Eric Klingebiel, Daniela Ruiz, Marco Environmental, Social, and Governance Investing : A Primer for Central Banks’ Reserve Managers |
| description |
This primer responds to central banks’
growing demand for knowledge on social, governance, and
environmental considerations (ESG) in the investment
process. This area has gained traction in the last two
decades. More recently, central banks’ interest in ESG has
increased, but much of the information available is aimed at
investors with different investment objectives and broadly
diversified portfolios. The authors fill that information
gap by reviewing the definitions of ESG and the main ESG
investment approaches, including their applicability to
asset classes. The authors then examine how foreign reserve
managers can apply ESG investing in their reserve management
operations. The authors find limited scope for implementing
ESG strategies in reserve management, given that most
central banks still invest primarily in sovereign bonds of
major economies. Yet, the authors also identify
opportunities and critical considerations for central banks
interested in implementing ESG investing in their reserve
management operations. |
| format |
Report |
| author |
Bouye, Eric Klingebiel, Daniela Ruiz, Marco |
| author_facet |
Bouye, Eric Klingebiel, Daniela Ruiz, Marco |
| author_sort |
Bouye, Eric |
| title |
Environmental, Social, and Governance Investing : A Primer for Central Banks’ Reserve Managers |
| title_short |
Environmental, Social, and Governance Investing : A Primer for Central Banks’ Reserve Managers |
| title_full |
Environmental, Social, and Governance Investing : A Primer for Central Banks’ Reserve Managers |
| title_fullStr |
Environmental, Social, and Governance Investing : A Primer for Central Banks’ Reserve Managers |
| title_full_unstemmed |
Environmental, Social, and Governance Investing : A Primer for Central Banks’ Reserve Managers |
| title_sort |
environmental, social, and governance investing : a primer for central banks’ reserve managers |
| publisher |
World Bank, Washington, DC |
| publishDate |
2021 |
| url |
http://documents.worldbank.org/curated/undefined/677271630474233931/Environmental-Social-and-Governance-Investing-A-Primer-for-Central-Banks-Reserve-Managers http://hdl.handle.net/10986/36285 |
| _version_ |
1764484935419166720 |