Green social sustainable bonds hit record issuance in 2023

MainStreet partners reports

Cristian Angeloni
clock • 2 min read

Issuance of green social sustainable (GSS) bonds reached a record-high last year, with 3,184 individual bonds coming to market in 2023.

According to MainStreet Partners' fourth-quarterGSS Bonds Market Trend report, the number of GSS bonds launched last year surpassed the "historic" €4trn total amount of issuances record.  However, although $930bn of GSS bond were brought to market in 2023, this marked a 9% annual decline amid the uncertainty of the high inflationary and high interest rate environment of the past 18 months, the firm said. The number of debt issuers also fell over the course of the year by 13%, with 517 first-time GSS bond issuers last year, down from 594 in 2022. Green bonds issuance surpasses $2.5t...

To continue reading this article...

Join Investment Week for free

  • 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

Join now

 

Already an Investment Week
member?

Login

More on ESG

Bank of England urged to stop accepting fossil fuel assets as collateral for public loans
ESG

Bank of England urged to stop accepting fossil fuel assets as collateral for public loans

'Hidden subsidy'

Cecilia Keating
clock 28 February 2024 • 2 min read
Quarter of Article 8 funds face 'greenwashing risk'
ESG

Quarter of Article 8 funds face 'greenwashing risk'

2024 ESG Barometer report

Cristian Angeloni
clock 26 February 2024 • 2 min read
JP Morgan AM cuts ties with climate change action group
ESG

JP Morgan AM cuts ties with climate change action group

Climate Action 100+

Eve Maddock-Jones
clock 15 February 2024 • 1 min read
Trustpilot