Green and Social Bond Bulletin
June 25, 2025
Welcome to Green and Social Bond Bulletin.
For another month, we are back with the latest Green, Social and Sustainable Bonds news, a summary of the most recent transactions and market statistics. Enhance your ESG strategy with our professionals’ knowledge. If you would like more information, please do not hesitate to contact us.
The Race for Geospatial Data:
A primary trend is the race for geospatial data, which pinpoints company asset locations to better assess physical climate and biodiversity risks.
Physical Risks and Adaptation Rise:
With climate change impacts intensifying, investors are more focused on physical risks like flooding and heatwaves.
Nature as an "Eternal Topic":
Nature and biodiversity risks remain a hot topic, with S&P Global reporting that 85% of the world's largest companies significantly depend on nature in their operations.
Transition is Transitioning:
Approaches to the net-zero transition are becoming more nuanced. Instead of simple pass/fail metrics, investors now demand credible, detailed transition plans.
The AI Gamechanger:
Artificial intelligence is revolutionizing the ESG data landscape by improving data collection, processing, and analysis.
Push into Private Markets:
A significant drive exists to improve ESG data availability for historically underserved private markets.
Continued Demand for Ratings and Data:
Sophisticated investors are increasingly using raw data to create proprietary scores, yet ESG ratings remain in high demand, especially from smaller asset managers.
Regulatory Rollback and Focus on Materiality:
A partial rollback in some ESG regulations is shifting the focus from a compliance-driven "tick-box" exercise toward a market-led discussion on what data is truly material for investors.
TOP DEALS
RWE
30NC5.25 and 30NC.8
Green Hybrid
[BBVA was Bookrunner.]
ADIF-Alta Velocidad
EUR 500 Mn
Green bond
[BBVA was Bookrunner.]
Green, Social & Sustainable Bond Issuance Stats
ESG Bond primary market breakdown
ESG-Labeled Bond issuance history
Selected ESG-Labeled Bond Issuance | Recent Deals
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