Nordic green bond issuance bucks global trend (Expert Investor)

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Nasdaq’s Nordic Sustainable Green Bond Market has listed its 100th sustainable bond, a decade after the SEB and the World Bank first developed the concept of a green bond market.

While the Nordic bond markets are considered small in monetary terms, they are recognised among investors for their pioneering efforts in sustainable finance adoption. The company said that it had seen 40% more green bond listings in the first half of 2018 than in the full 12 months of the previous year.

- Promotion -

Nasdaq’s announcement will be welcomed by green bond supporters, after a less upbeat report from ratings agency Moody’s earlier in the month, which suggested that green bond issuance internationally was on the wane.

 

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In the midst of a global pandemic, Apple announced one of the corporate world’s most ambitious environmental blueprints – to reduce the climate impact of every Apple device to net zero by 2030. The plan involves cutting 75 per cent of the company’s existing carbon footprint, not only for its own business but also across the manufacturing supply chain and product life cycle.

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