Green, social, sustainable, and sustainability-linked bond (GSSSB) issuance has continued to climb throughout 2023, with total issuance on track to reach between $900bn and $1trn by the end of the year.
Despite stagnating global bond issuance, the proportion of GSSSB continues to grow, with issuance forecast to grow between 5-17% on 2022, according to data from S&P Global Ratings. In total, GSSSB issuance is expected to account for 14-16% of total bond issuance throughout the year, having captured 13% of issuance in the first half of the year. Total cumulative issuance of GSSSB passed the $4trn mark in June 2023, less than one year after surpassing $3trn. Calastone: ESG funds suffer record £953m outflows in August However, the S&P analysts acknowledge some headwinds to GSSSB is...
To continue reading this article...
Join Investment Week for free
Signup and gain exclusive members-only insights - all free of charge!
- Unlimited access to real-time news, analysis and opinion from the investment industry, including the Sustainable Hub covering fund news from the ESG space
- Get ahead of regulatory and technological changes affecting fund management
- Important and breaking news stories selected by the editors delivered straight to your inbox each day
- Weekly members-only newsletter with exclusive opinion pieces from leading industry experts
- Be the first to hear about our extensive events schedule and awards programmes
