Everyone Wants to See Green in Bonds
How do you decide if an investment is socially responsible? Bonds are meant to be boring safe investments, and so in fact many bond investors outsource even the question “is this bond good?” to ratings agencies for a letter grade: AAA, good, C, not so good. Similarly it makes complete sense that if you would want to invest in socially responsible—or environmentally sound, or whatever—bonds, you would also want someone else to do the work of figuring out what that means and which bonds fit the requirements.