Investors turn to sustainability-linked bonds
Institutional investors are looking beyond green bonds due to concerns about greenwashing
The broadly-defined ESG bond market has grown exponentially in recent years, with the overall market growing to $1.3tn in 2020, according to non-profit the Climate Bonds Initiative. Issuance has responded to increasing investor demand driven by shifting public perception and regulatory change. Last year set a record for ESG issuance, and industry experts expect growth to continue as the range of ESG-labelled bond types broadens to include instruments such as sustainability-linked bonds (SLBs) and transition bonds. Unlike for green or sustainable bonds, the funds raised by SLBs are not tied to a specific use. Instead, SLB issuers commit to embed ESG-related key performance indicators more wid
Also in this section
16 April 2024
US and European oil majors snap up smaller players and look to accelerate development in a region deemed to possess all the key elements for successful CCUS deployment
15 April 2024
Demand for credits seen rising 20% this year despite issues around integrity and standardisation
11 April 2024
Volatile allowance prices and small size of voluntary market undermine ability to drive investment, says Oxford Institute for Energy Studies
8 April 2024
Chevron New Energies is lead investor in funding round by Colorado-based provider of post-combustion capture technology