Not all sustainable companies issue green bonds. That’s why we don’t restrict ourselves to green bonds only. Instead, we form our own judgement on a company’s financial and green credentials. For example, if a company we like issues green and non-green bonds, we can choose which is the best value. Furthermore, we can finance companies in carbon intensive sectors, if they are going a step further than their peers in their efforts to reduce emissions. Good examples of this include companies in the power and automotive sectors. We believe that this is the best way to encourage real world change.