New World Development becomes the first Asian corporate to issue a USD-denominated dual-tranche social and green offering in the public bond markets.
From allocating capital to ESG portfolios to supporting businesses in transition, institutional investors have the power to move the needle in the global quest for a decarbonised economy.
Also called orange bonds, this relatively new class of sustainable financing aims to remove gender bias and improve women’s equality and living standards in developing countries.
Hong Kong is competing with many of its regional peers to develop itself into a green finance hub. But there is one thing that the city should first do to realise this ambition.