By the Numbers. Growth of Social & Sustainability Bonds bolstered by COVID.
- $32 billion of “social” and “sustainability” bonds were issued in April 2020
- this growth is due to social bonds financing, both public and private responses, to create positive social outcomes to COVID
- 10.5% increase in government issued social and sustainability bonds in 2019
- In 2019, corporations went from issuing 3% of these bonds to 13%
- Since 2017, North America has increased its portion of social & sustainability bonds
S&P Global Ratings | A Pandemic-Driven Surge In Social Bond Issuance Shows The Sustainable Debt Market Is Evolving