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lock_openFREE OPEN ACCESS • CC BY 4.0journal article2024 • Journal of Sustainable Finance & Investment

Corporate Decarbonisation and Green Bond Yield Spreads: Empirical Evidence from European Debt Markets

This project assesses empirical pricing differentials between conventional corporate bonds and sustainability-linked debt issues across European capital markets. Utilizing transaction-level secondary market data from over 3,400 debt instruments, our team isolates the greenium and evaluates whether ESG rating divergence induces market mispricing.

1Centre for Innovation and Sustainability Research (CISR), Bangladesh2University of Dhaka, Bangladesh3Faculty of Business Studies, University of Rajshahi
calendar_todayPublished: 2024-04-15
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menu_bookJournal of Sustainable Finance & Investment
•Vol. 14, Issue 2, pp. 45–68•

Structured Abstract

verifiedPeer-Reviewed

This project assesses empirical pricing differentials between conventional corporate bonds and sustainability-linked debt issues across European capital markets. Utilizing transaction-level secondary market data from over 3,400 debt instruments, our team isolates the greenium and evaluates whether ESG rating divergence induces market mispricing.

Research Domain:Sustainability Transitions, Decarbonization & Quantitative Econometrics
JEL Classification:Q01, Q56, M14, O32, G32
Author Keywords
Corporate DecarbonisationGreen BondsSustainable FinanceCredit Spreads
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Creative Commons Attribution 4.0 International (CC BY 4.0)

This is an open access article distributed under the terms of the Creative Commons Attribution License, which permits unrestricted use, distribution, and reproduction in any medium, provided the original author and source are credited.

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