Social bonds are the one of the newer kids on the sustainability block. They’ve been championed by organisations such as the International Capital Market Association (ICMA), whose various principles for green, social and governance bonds are recognised across the market.
According to Dealogic data, issuances in Europe in 2019 have come in at €8.7 billion ($9.6 billion).
The Sustainability Accounting Standards Board (SASB) – which is chaired by Michael Bloomberg – reported as long ago as 2016 that 93% of American public companies face a degree of climate risk, but only 12% had disclosed it at the time. According to Audrey Choi, chief sustainability officer at Morgan Stanley, "if you are the investor who understands how to think about climate risk in relation to yo
Influential deal: China $6 billion 1.929% sovereign bond issue
Elite Deal: Weerawaong Chinnavat & Partners work on TMB Bank $400 million 4.90% notes issue
Bond covenant trends in 2020: what to expect
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