The launch of a social bond fund by NN Investment Partners (NN IP) reflects a shift among investors towards social impact. NN expects total social bond issuance of €250 billion in 2022, which may appear optimistic based on wider market . Social bonds offer investors alignment with ten of the UN SDG goals, but care must be taken to avoid social washing claims.
The Taskforce for Nature Related Financial Disclosure (TNFD) has launched its v.2 beta framework for comment. The second version adds new metrics, sector guidance and support in terms of scoping questions, while pilot testing of the first framework started in June 2022.
