The Business Times
business-time-50

South-east Asia’s ESG bond proceeds rise for third straight quarter

In contrast, ESG loans only increase marginally, rising 3.9 per cent to US$5.9 billion from US$5.7 billion over the same period

google-preferred-sourceAdd BT as a preferred source
Janice Lim

Janice Lim

Published Mon, Aug 5, 2024 · 05:00 AM
    • South-east Asia outperformed the global ESG bonds market, which saw proceeds decline 17.3 per cent to US$184.9 billion, from US$216.9 billion a year ago.
    • South-east Asia outperformed the global ESG bonds market, which saw proceeds decline 17.3 per cent to US$184.9 billion, from US$216.9 billion a year ago. PHOTO: BT FILE

    PROCEEDS raised from environmental, social and governance (ESG) bonds in South-east Asia amounted to US$5.6 billion for the second quarter of 2024, rising 52.8 per cent from US$3.7 billion in the same quarter a year ago.

    This marks the third straight quarter of year-on-year increases for ESG bonds in the region, after a tepid showing in 2023, according to data compiled by LSEG.

    In contrast, ESG loans only increased marginally, rising 3.9 per cent to US$5.9 billion from US$5.7 billion over the same period.

    sustainable financeESGAsean Businessgreen bondsSocial bondsSustainability-linked bonds

    TRENDING NOW

    Eugene Lai (left) says that he was sharing a view with Tan Chian Khong that the board needed a refresh and that it was not an explicit direction to resign.

    CSE Global independent director quits after clashes with chairman Eugene Lai over board refresh

    Allowing some older malls to evolve organically could help Orchard Road retain diversity, says one observer.

    Room for more offices, homes and green spaces to make Orchard Road more vibrant

    Siranudh Scott had caused an internet sensation with a video accusing his brother of allegedly abusing him during his childhood years.

    ‘I felt like dying’: Thai Singha beer scion speaks up after disclosure of alleged sexual abuse

    The amendments "aim to protect the competitive process of takeover and merger transactions", says SIC.

    MAS revises takeover and merger code to enhance competition and disclosures

    Latest T-bills Treasury Bills Results & Interest NewsLatest SSB Singapore Savings Bonds NewsLatest COE Certificate of Entitlement News
    Latest Johor-Singapore SEZ NewsLatest BTO Build To Order & Sales of Balance NewsLatest STI Straits Times Index NewsLatest SGX Dividends, Share Price NewsLatest Bonds Market NewsLatest Singapore Stocks To Buy NewsLatest Singapore Economy News
    View More