ESG activity in the US retail structured products market remains subdued compared to other markets but the final rules on climate change expected to be released by the SEC this year could have a positive impact in the market as it will bring clarity about how people think about and use ESG in their investments.

The Index Standard’s founder, Laurence Black (main picture) and Jay Watson (below), managing director and head of analytics, discuss the most recent developments in the US market, the challenges around product design and standardising methodologies, and the need to balance innovation and complexity. According to SRP data, the notional linked to ESG structures in the US market has increased over the last three years - taking over the Apac notional in 2021 - but still at a distance compared