Finance

Debt Issuers Who Should Know Better Are Unsure What ESG Is

Photographer: Andrey Rudakov/Bloomberg
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In one of the world’s most advanced regions for sustainable investing, the acronym ESG still has some debt issuers drawing blanks.

Environmental, social and governance standards aren’t yet on the radar of many smaller bond issuers in the Nordic region, according to Cecilia Bevik-Cronqvist, the head of sustainable investing at Stockholm-based Nordic Credit Partners, which manages about 1.8 billion kronor ($213 million) in mostly high-yield debt.