If ever there was a year when ESG bonds would come to the fore, 2020 has proven to be such a year. As international capital markets respond to the Covid-19 pandemic, we have witnessed a renewed focus on the social element of ESG bonds reflecting strong investor appetite for ESG issuance, particularly where the proceeds of such issuance may have a beneficial societal impact during this crisis. Walkers has been pleased to act as listing agent on a number of recent ESG issuances and we expect to see increased demand from capital markets participants for ESG products during 2020 and beyond.
Alongside increased investor demand for ESG & Green bonds, we’ve seen the development and promotion of ESG & Green market segments on many international stock exchanges including Euronext Dublin, the Cayman Islands Stock Exchange ("CSX"), The International Stock Exchange ("TISE"), Vienna MTF and the Bermuda Stock Exchange ("BSX") for whom Walkers acts as a recognised listing agent. This advisory aims to provide clients with a flavour of our listing expertise alongside the options available when choosing to list ESG & Green Bonds.
The process for listing ESG and Green Bonds follows the standard listing process with the additional benefit of boosting the profile of your bond through its admission to the Green/ESG segment of an internationally recognised stock market.