A file photo of an unauthorized steel factory in China’s Inner Mongolia from 2016. Photo: Getty Images
A file photo of an unauthorized steel factory in China’s Inner Mongolia from 2016. Photo: Getty Images

Green finance: Sustainable Fitch finds some sustainability-linked bonds’ ESG benefits fall short of investors’ expectations

  • Only 47 per cent included a KPI considered core to their business under ICMA’s KPI registry, study finds
  • Quality of KPIs is crucial because if they are set too loosely, they won’t be meaningful for tracking issuers’ participation in sustainable activities, First Sentier Investors executive says

A file photo of an unauthorized steel factory in China’s Inner Mongolia from 2016. Photo: Getty Images
A file photo of an unauthorized steel factory in China’s Inner Mongolia from 2016. Photo: Getty Images
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