Below is an excerpt from ISS-Corporate’s recently released article “April 2024 | Sustainable Finance Market Highlights”. The full article is available on the ISS-Corporate online library.
Market and Regulatory Highlights
- The first quarter of 2024 registered a total volume of $285bn in GSS+ bond and loan issuances, showing signals of recovery compared to the last quarter of 2023, according to Environmental Finance (EF data).
- With this addition, the market has now surpassed $4 trillion (EF data). This encouraging start of the year has been fueled by a rise in transition issuances, which are expected to become one of the key themes in the sustainable finance world, as highlighted by Nordea among others (Nordea).
- In parallel with the expected rise of transition issuances the topic of greenwashing is attracting increased scrutiny from the market (ICMA).
By:
Damaso Zagaglia, Associate Vice President, Sustainable Finance Business Development, ISS-Corporate
Federico Pezzolato, Executive Director, Global Sustainable Finance Manager, ISS-Corporate
