State Street plans to roll out its agency lending program’s first ESG-aware commingled cash collateral reinvestment strategy. The agency lending team has partnered with State Street Global Advisors, its asset management business, to provide securities lending clients with a commingled cash collateral reinvestment strategy that follows short-term investment guidelines, while considering R-Factor, a proprietary ESG scoring system, as a component in making its investment decisions, to the extent consistent with applicable law. The strategy is currently available only to retirement plan clients that participate in State Street’s agency lending program.
