Friday 29 Mar 2024
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SINGAPORE (Nov 25): In 2018 alone, about US$58.8 billion (S$80.1 billion) in social and sustainability bonds were issued. The first green bond was issued by the European Investment Bank and the World Bank in 2007, and the market has grown to more than US$160 billion in issuances in 2018. This is according to Sustainalytics, an environmental, social and governance (ESG) research and rating firm, and it looks like sustainable financing is set to grow even bigger.

More than ever, companies are looking beyond conventional financing to sustainable financing, which is defined as any form of financial service that integrates ESG criteria into business or investment decisions. Guided by the UN Sustainable Development Goals (SDGs) as a benchmark for impact and for...(click on link for full story on theedgesingapore.com)

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