Geoff Burnand featured in Financial Times Adviser

IFG Head of Partnerships Geoff Burnand featured in FT Adviser on how the social bond market growth presents both risk (a race to the bottom on impact or greenwashing) and opportunity (a chance for investors to differentiate themselves in the market through investing into bonds issued by non-traditional impact drivers such as INGOs or via sustainability linked bonds).

As Geoff explains: "Impact covenants can be negotiated directly between the investor and the borrower, and it is also possible to create a time-bound link through the coupon to the borrower’s social impact. These developments add an impact focus to the traditional construct of a bond and align the interests of social purpose organisations and mainstream capital"

For the full article see: https://www.ftadviser.com/investments/2023/08/10/dramatic-rise-in-esg-bond-issuance-attracts-scrutiny-on-sustainability/