Lombard Odier's Wranegard on biodiversity as the 'hot new topic'

'Hot new topic'

Biodiversity is the “hot new topic” in sustainable finance, with the sector set to introduce various new possibilities for environmental, social and governance investing, said Erika Wranegard, who manages Lombard Odier IM’s TargetNetZero Global and European investment grade credit strategies.

The two Article 9 funds have recently hit their one year anniversary and have "a climate objective to decarbonise that is represented by the strategy at all times having a temperature below two degrees, and an aim to reduce greenhouse gas emissions by 50% by 2030, and be net zero by 2050", according to Wranegard in conversation with Investment Week. When examining the sector, she said that "biodiversity is currently where climate change was two or three years back". As the sector develops, she is seeing more and more opportunities for fixed income to get involved. One example she gave...