Out of the largest 100 emitters – responsible for almost 75% of global greenhouse gas emissions – only 30 are listed on equity markets, but all are dependent on bond markets for access to capital.
Therefore fixed income investors are uniquely positioned to influence the transition to a carbon-neutral economy through their investment strategies, engagement and by raising the cost of capital for fossil fuel companies that are not on a path to transition.
The Toxic Bonds Initiative is a network of civil society organisations. We are calling on investors to:
Bond investors have significant power to steer the green transition. It's time this power was exercised for good.
Every time investors buy Toxic Bonds they are helping a new coal plant, or a new oil and gas pipeline come on line. It's the fuel that drives the expansionary system - but it can be put out.