On May 28, 2019 Mining Review Africa reported that Nedbank recently “listed a Renewable Energy Bond on the bourse and made history by becoming the first bank in South Africa to offer such an instrument to investors.
Launched in October 2018, the Johannesburg Stock Exchange’s Green Bond segment provides an excellent platform for investors to acquire green securities and also enable companies to accumulate funds for their low-carbon initiatives.
Investment Banking Principal at Nedbank, Arvana Singh explains that the green nature of the asset provides investors with an opportunity to invest in an asset which would positively affect the environment thus ticking the Environmental factor in the Environmental, Social and Governance (ESG) screen that investors are beginning to employ when undertaking investment decisions increasingly.”
You may read the article on the Mining Review Africa website.