Podcast
ESG Currents
Hosted by Bloomberg · EN
ESG has become established as a key business theme as companies and investors seek to navigate the climate crisis, energy transition, social megatrends, mounting regulatory attention and pressure from other stakeholders. The rapidly evolving landscape has become inundated with acronyms, buzz words, and lingo and we aim to break these down with industry experts.
32episodes
Episodes
Newest firstAll episodes
Transition Builds Resistance in Emerging Markets
1w ago00:29:53Tap to summarizeEmerging markets are central to the global sustainability transition and increasingly at the forefront of innovation in sustainable finance, from debt-for-food swaps to biodiversity-linked sovereign bonds. On this week’s episode of the ESG Currents podcast, Nicolas Jaquier, a portfolio manager on the emerging markets fixed income team at Ninety One, where he co-manages the Emerging Market Sustainable Blend strategy, joins Bloomberg Intelligence’s Chris Ratti and Grace Osborne. They discuss the resilience of emerging markets through recent market shocks, the growing evidence that countries investing proactively in the transition are less exposed to oil-price volatility, and why a dynamic approach is increasingly important for investors navigating these markets. This episode was recorded on April 28. Listen to this episode on Apple Podcasts and Spotify.See omnystudio.com/listener for privacy information.
Transcribe →Burnt Island Ventures on Investing in Water
2w ago00:45:42Tap to summarizeWater demand is set to outpace supply by 40% by 2030, and scarcity is spurring broad changes across the global economy, giving rise to companies that aim to provide solutions for the growing crisis. On this week’s episode of the ESG Currents podcast, Tom Ferguson, founder and managing partner of Burnt Island Ventures, joins Eric Kane, Bloomberg Intelligence’s director of ESG research, to discuss emerging opportunities in desalination, industrial treatment, reuse and more. They explore how AI is powering software solutions and compressing the cycle time for hardware iterations. They also discuss the importance of investing in companies that aren’t dependent on policy and the current path to liquidity for the companies that Burnt Island Ventures invests in. The episode was recorded on May 8.See omnystudio.com/listener for privacy information.
Transcribe →How Japan’s Governance Code Reshapes the Market
3w ago00:31:16Tap to summarizeJapan’s Corporate Governance Code, first introduced in 2015, has driven significant changes across the market – strengthening shareholder value, enhancing investor engagement, protecting minority rights, promoting gender diversity, and supporting the transition to a decarbonized economy. A further revision expected in 2026 could accelerate progress across these areas. In this episode of the ESG Currents podcast, Yasunori Takeuchi, CEO and Representative Director of Corporate Action Japan, joins Bloomberg Intelligence ESG strategist Yasutake Homma to discuss the potential impact of the upcoming revision. They also explore what lies ahead for shareholders as Japan enters the annual general meeting season.See omnystudio.com/listener for privacy information.
Transcribe →Paying for Results - World Bank on Outcome Bonds
May 600:36:44Tap to summarizeOutcome bonds link investor returns to measurable results and are seeing increased issuance, led by institutions like the World Bank. In this ESG Currents episode, Bloomberg Intelligence ESG analysts Melanie Rua and Chris Ratti speak with Jorge Familiar of the World Bank Group and Stephen Liberatore of Nuveen Asset Management about how these structures are scaling. The discussion focuses on how investors price outcome risk alongside credit risk, how deals are structured - including the World Bank’s $120 million Spekboom restoration bond - and where these instruments fit relative to green and sustainability-linked debt. They also examine investor demand, reporting requirements, and the role of multilateral development banks in mobilizing private capital. This episode was recorded on April 27.See omnystudio.com/listener for privacy information.
Transcribe →Critical Evolution of Japan's Carbon Credit Market
Apr 2900:17:05Tap to summarizeCarbon pricing is at the heart of Japan’s decarbonization strategy. With a government-backed initiative covering about 60% of national emissions and the full launch of the Green Transformation (GX) Emissions Trading System in 2026, Japan’s carbon market is entering a pivotal phase. In this episode of the ESG Currents podcast, Yuki Mori, General Manager of the Japan Exchange Group’s Carbon Credit Market, joins Bloomberg Intelligence ESG Strategist Yasutake Homma to explore the evolving role of JPX’s carbon credit market and what lies ahead. As carbon credit prices rise and global attention intensifies, the conversation also examines growing interest from international investors and the implications for Japan’s expanding carbon ecosystem.See omnystudio.com/listener for privacy information.
Transcribe →Debating Whether Climate Risk Is Already Priced In
Apr 2200:39:25Tap to summarizeTwo experts, one question: Is climate risk already priced in? On this week’s episode of the ESG Currents podcast, Bloomberg Intelligence EMEA ESG integration analyst Grace Osborne hosts an Oxford-style debate. Dr. Jakob Thomae, co-founder and CEO of Theia Finance Labs, argues for the motion, while Dr. Ben Caldecott, founding director of the Oxford Sustainable Finance Group and a coordinating lead author on finance for the IPCC’s Seventh Assessment Report, argues against it. From green tech outperformance to central-bank stress tests, the signals are mixed. Greater information availability may help investors price climate risk, but radical uncertainty — from second-order effects to tipping points — remains far harder to capture. This episode was recorded on March 3.See omnystudio.com/listener for privacy information.
Transcribe →Improving Carbon Management With Better Measures
Apr 1500:23:17Tap to summarizeThe Greenhouse Gas Protocol has become the de facto market standard for measuring and reporting carbon emissions. But does its focus on enterprise-wide reporting really lead to optimal decision-making? Carbon Measures, a coalition of industrial firms, is developing a new framework for product-level carbon accounting. On this week’s episode of ESG Currents, Bloomberg Intelligence Senior ESG Analyst Rob Du Boff speaks with Amy Brachio, CEO of Carbon Measures, to discuss why product-level intensity standards may help improve business decision-making for the climate transition. This episode was recorded on April 9.See omnystudio.com/listener for privacy information.
Transcribe →Inside the RFP - Expectations for Asset Managers
Apr 800:28:54Tap to summarizeSustainability is moving beyond high-level ESG rhetoric and becoming more embedded in how investment mandates and RFPs are structured — but what is actually changing in practice? In this episode of the ESG Currents podcast, Sarika Goel, global head of sustainable investment manager research at Mercer, joins Bloomberg Intelligence Senior ESG Analyst Shaheen Contractor to unpack how sustainability expectations are shifting within investment mandates and manager selection. They explore how ESG requirements are being reframed — and where expectations are tightening or softening. The discussion also examines how these shifts are influencing portfolio construction, from integration to thematic allocations and private markets exposure, as well as regional differences in mandates. Finally, they consider what has remained consistent despite the noise and what the next generation of mandates may look like.See omnystudio.com/listener for privacy information.
Transcribe →Pricing Water Risk and Scaling Climate Resilience
Apr 100:37:36Tap to summarizeAs climate volatility intensifies, water risk is becoming a critical — and often mispriced — factor in investment decisions, particularly across agriculture and real assets. In this episode of the ESG Currents podcast, Bloomberg Intelligence’s Melanie Rua speaks with Catherine Burns of The Nature Conservancy’s NatureVest team and Alyssa Go of RRG Capital Management about how institutional capital is integrating water and climate resilience into investment strategies. They discuss the $900 million Sustainable Water Impact Fund, how nature-based infrastructure can reduce financial risk and what signals could indicate that water risk is being properly priced.See omnystudio.com/listener for privacy information.
Transcribe →The Playbook for Sustainable Private-Market Funds
Mar 2500:25:03Tap to summarizePrivate markets are becoming an increasingly important frontier for sustainable investing, with mounting interest among allocators and a rapidly evolving landscape. But where are the real opportunities — and how can investors separate substance from storytelling? In this episode of ESG Currents, Northern Trust Asset Management’s Head of Multi-Asset Custom Solutions, Dee Sharma, joins Bloomberg Intelligence Senior ESG Analyst Shaheen Contractor to explore how sustainability is evolving in private markets. They discuss the themes gaining traction and those losing momentum, and what separates credible strategies from box-ticking. They also examine where risks may be mispriced and how demand can evolve over the next five years.See omnystudio.com/listener for privacy information.
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