South Korea's environment, social and governance (ESG) bond issuance value climbed 12.2% to 47.2 trillion won in 2024 from a year earlier, buoyed by government-driven green finance policies, Yonhap News reported Tuesday, citing the Korea Investors Service.
However, the number of issuing firms fell to 91, down sharply from a peak of 154 in 2021, signaling waning corporate participation despite strong institutional backing, the report said.
(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)