Funds Group: Columbia Threadneedle Funds
Management Company: Columbia Management Investment Advisers, LLC
Funds Affected: Columbia US Social Bond
Principal Sustainable Investment Management Strategy: ESG Integration
The fund will primarily focus on sectors that the investment manager believes are aimed toward positive environmental and social development such as education, healthcare, community services, housing, water, sewer, connectivity (such as broadband Internet or mass transit infrastructure) and similar socially impactful sectors. The fund firm notes that its unique and robust social scoring system measures the social impact of each municipal bond. Sustainalytics, a leading independent provider of ESG research and analysis to investors worldwide, verifies the fund’s social outcomes and publishes an annual social impact report.