As demand for sustainable investing continues its global rise, the corresponding jump in regulation has meant Australia and Europe – among the leaders in this area – have witnessed eligible ESG assets drop dramatically as a proportion of overall assets. Will Canada be next?
SDG 9: Industry innovation infrastructure
Asia's two main finance hubs are moving quickly to adopt global best practice on sustainable finance. They recognise policy certainty in this area is necessary to drive investment into companies, particularly given the region's distinct characteristics.
The Togo-based group expects its debut sustainable bond and new sustainable finance framework to help it adopt a more climate-friendly strategy and expand SDG-aligned funding across the continent, says chief risk officer Eric Odhiambo.
Turkish manufacturer Arçelik will use proceeds from its debut green bond to address a challenge most companies prefer to ignore. The issue attracted strong investor demand despite domestic economic turbulence.