The brave new world of ESG bonds can sometimes leave investors cold – The Japan Times

The brave new world of ESG bonds can sometimes leave investors cold – The Japan Times

A new type of bond that penalizes issuers for failing to meet their social and environmental goals is raising concerns among some investors that buying debt may not be entirely ethical. Japanese real estate company Hulic Co. recently joined a handful of borrowers around the world to sell so-called sustainability bonds, but the market received […]

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