Proceeds from the three-year bond will be used to finance green and social assets
The U.K. regulator found the quality of asset managers' ESG fund disclosure to be poor
U.S. legislation to mandate ESG disclosure would drive corporate green bond offerings
The funds leverage management expertise from the firm's Legg Mason acquisition
Environmental degradation and social effects are a rising concern for investors and regulators
Interest in environmental and gender issues are driving growth in sustainable finance markets
Enhancing climate-related financial disclosures will be an early focus
Government to publish green bond framework, consult on "social bond" offerings too
Despite steady growth, sustainable funds still account for less than 1% of total fund AUM in Canada, according to Morningstar
The group will invest in renewables, conventional energy and new technology