Finance
HSBC Global Wants to Know How Green Your Bonds Really Are
- Money manager regularly flags ESG concern to issuers: Baraton
- International green debt issuance is closing in on $1 trillion
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With worldwide green debt spiraling toward the $1 trillion mark, HSBC Global Asset Management is keen to check exactly what it’s buying.
The money manager is challenging companies and governments to ensure they have proper environmental policies with carbon reduction targets, and aren’t simply issuing green bonds opportunistically, according to Xavier Baraton, global chief investment officer for fixed income, private debt and alternatives.