When ESG financing first began to make inroads in Asia, it was a funding route only open to companies that were fully green or sustainable from day one. That was great news for property companies and renewable power producers who found it easy to demonstrate that they had green assets, but it was more complicated for bigger groups or those in carbon-intensive industries, to show their green credentials. And while transition bonds and loans did emerge, the product found it hard to win widespread acceptance from the buy side. The ESG financing...Read more