The allocation of the investment proceeds is in line with the EU taxonomy and its environmental objectives, the firm said.
“This includes an analysis of the impact of the proceeds, to see if they contribute to one of the environmental objectives as defined by the EU.
“Impact reporting, as well as the issuer’s environmental strategy and conduct, are also examined as part of the [selection] process,” a Robeco spokesperson explained to Expert Investor.
The EU Green Bond Standard has not hit the market yet but could come as early as 2021.
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