Green bond guidelines most widely adopted sustainable finance tool in 'myriad' of ESG rules

Institutional Shareholder Services ESG research

Guidelines relating to the burgeoning green bond market and similar green lending initiatives represent the most widely adopted sustainable finance regulatory tool worldwide, according to research by ISS ESG, the responsible investment arm of Institutional Shareholder Services.

Yet despite developments in the sustainability space - particularly with the implementation of the EU's taxonomy and SFDR, as well as the UK's soon-to-come SDR - ISS ESG highlighted disparities between countries and a "myriad" of differing sustainable investment rules across the globe. The research and data provider - which focuses on corporate governance and responsible investment issues for the funds industry - said green bond guidelines represent the only sustainable finance rules in some countries at the get go of the fund application process. SDR roadmap expected to shake up asse...