Global issuance of bonds for environmental, social and governance goals look set to hit $1 trillion for the first time ever this year. That’s more than double what was sold in all of 2020 asmore borrowers are pushed to sell ethical debt by investors.New issuance of green, social, sustainability and sustainability-linked bonds from corporations and governments worldwide has already topped $575 billion so far this year, $100 billionmore than all of 2020, according to data compiled by Bloomberg. Bankers are bracing for an even busier second half, which was reflected in more deal announcements in Asia onWednesday.“What began with ‘why should I issue?’ is now ‘why aren’t you?’,” said Marilyn Ceci, global head of ESG debt capital markets at JPMorgan Chase & Co., one of the biggest underwriters ofsustainable bonds. “Your absence in the market says something now,” said Ceci, who expects issuance volume to double by year-end, in a phone interview.
展开▼
