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SDG Engagement High Yield Credit: H1 2021 report

Our focus on higher-quality credit in markets with strong engagement potential meant we didn’t benefit from the outsized rally in Covid-ravaged sectors in H1 2021, but the strategy continues to outperform its benchmark since inception

We have been delighted both with our financial results and with the substantive, high-touch engagement outcomes of our inaugural engagement year.

The success and impact of the strategy has been bolstered by the greater intensity and breadth of our engagement activity in the first six months of 2021. At mid-year we had already engaged 105 of the 126 issuers held in our portfolio on a myriad of sustainable development goals (SDGs) and environmental, social and governance (ESG) topics.

As well as reviewing our investment and engagement activity over the first half of 2021 – including  the SDGs we have engaged on most intensively – this report delves into impact in the energy sector and the role of insurers in the fight against climate change.

Risk profile:
  • Past performance is not a reliable indicator of future performance.

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