Montreal Pledge and Mortgage-backed securities: Difference between pages

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''Environmental investment policy.''
(MBS).


The Montréal Carbon Pledge allows investors (asset owners and investment managers) to formalise their commitment to the goals of the Portfolio Decarbonization Coalition, which mobilises investors to measure, disclose and reduce their portfolio carbon footprints.
Mortgage-backed securities are bonds representing interests in loans secured by mortgages on residential or commercial property.


 
The investors have the right to interest and principal repayments from the mortgage loans.
Signatories of the pledge formally recognise that:
 
“institutional investors ... have a duty to act in the best long-term interests of our beneficiaries. In this fiduciary role, we believe that there are long-term investment risks associated with greenhouse gas emissions, climate change and carbon regulation. In order to better understand, quantify and manage the carbon and climate change related impacts, risks and opportunities in our investments, it is integral to measure our carbon footprint. Therefore, we commit, as a first step, to measure and disclose the carbon footprint of our investments annually with the aim of using this information to develop an engagement strategy and/or identify and set carbon footprint reduction targets."




== See also ==
== See also ==
* [[Carbon credits]]
* [[CDO]]
* [[Carbon footprint]]
* [[Collateralised Mortgage Obligation]]
* [[Carbon-neutral]]
* [[Covered bond]]
* [[Carbon tax]]
* [[Mortgage]]
* [[Corporate social responsibility]]
* [[RMBS]]
* [[CRC Energy Efficiency Scheme]]
* [[Security]]
* [[Footprint]]
* [[Greenhouse gas]]
* [[Portfolio Decarbonization Coalition]]
* [[Renewables]]


[[Category:Accounting,_tax_and_regulation]]
[[Category:The_business_context]]
[[Category:The_business_context]]
[[Category:Investment]]
[[Category:Long_term_funding]]
[[Category:Ethics]]
[[Category:Identify_and_assess_risks]]
[[Category:Manage_risks]]
[[Category:Risk_reporting]]
[[Category:Financial_products_and_markets]]

Revision as of 15:40, 27 July 2020

(MBS).

Mortgage-backed securities are bonds representing interests in loans secured by mortgages on residential or commercial property.

The investors have the right to interest and principal repayments from the mortgage loans.


See also